What are the prize details for the Draw 553 competition?
The Draw 553 competition offers an impressive total prize value of $3,425,000. 1st Prize is $3,300,000 Home Prize or Cashable Gold Bullion. In addition, there are several other prizes including a myplace 2nd Chance Prize of $10,000, a Kickstart Bonus Prize of $5,000, a Getaway Bonus Prize of $5,000, a February Fortune Bonus Prize of $5,000, and a maximum of $100,000 for the 10 Ticket MultiChance Prize.
When does the Draw 553 competition close?
The Draw 553 competition closes on Wednesday, 4 February 2026 at 10:00 PM AEST. Participants should ensure their competition entries are submitted before this deadline to be eligible for a chance to win a prize.
How are winners selected and notified in the Draw 553 competition?
Winners of the Draw 553 competition will be selected during a draw conducted on Friday, 6 February 2026 at 1:00 PM AEST at Suite 5 Cordova Street, Milton QLD 4064, with a Facebook Live draw open to the public. Winners will be notified by phone, in writing via email, and by registered mail on the day of the draw.
What are the eligibility requirements for the Draw 553 competition?
To participate in the Draw 553 competition, entrants must be at least 18 years old. Additionally, members of the yourtown Board of Directors, Executive Management, and their immediate families, as well as certain staff members, are not eligible to enter.
What is the maximum number of tickets for the Draw 553 competition?
The maximum number of tickets available for the Draw 553 competition is 500,000. Potential participants are encouraged to purchase their competition entries early, as tickets are numbered consecutively within permitted ranges.
What happens to unclaimed prizes in the ACT and NSW for the Draw 553 competition?
For unclaimed prizes in the ACT and NSW related to the Draw 553 competition, a redraw will be conducted on Friday, 8 May 2026, if prizes remain unclaimed within 3 months of the draw date. The main 1st Prize will be redrawn by barrel at 12:00 PM AEST.
What are the rules for unclaimed prizes in other states for the Draw 553 competition?
For unclaimed prizes in states excluding ACT and NSW for the Draw 553 competition, a redraw will occur on Monday, 8 February 2027, if the 1st Prize remains unclaimed for one year. Any bonus draws above $5,000 that remain unclaimed will also be redrawn on the same date.
