What are the prize details for the yourtown Draw 554 competition?
The yourtown Draw 554 competition offers a prize that includes Gold Bullion, with the value determined by its purchase price on the day of the draw. It is important to note that Gold Bullion selling costs of between 2% and 2.5% apply, which are the responsibility of the winner at the time of sale. Additionally, the actual value of the Gold Bullion may fluctuate based on the spot price on the sale date.
When does the yourtown Draw 554 competition end?
The yourtown Draw 554 competition closes on Thursday, 5 March 2026, at 10:00 PM AEST. The draw will take place the following day, Friday, 6 March 2026, at 3:30 PM AEST.
What are the entry methods for the yourtown Draw 554 competition?
Individuals can enter the yourtown Draw 554 competition by purchasing tickets, with a maximum of 450,000 tickets available. Tickets are consecutively numbered but may not be in sequence across multiple batches.
Who is eligible to enter the yourtown Draw 554 competition?
Eligibility for the yourtown Draw 554 competition is restricted to persons aged 18 years or older. Additionally, members of the yourtown Board of Directors, Executive Management, individuals engaged in the draw process, yourtown Information and Technology staff, and their immediate families are not eligible to enter.
How are winners selected and notified in the yourtown Draw 554 competition?
Winners of the yourtown Draw 554 competition will be selected during a live draw on Friday, 6 March 2026, at Suite 5 Cordova Street, Milton QLD 4064. They will be notified by phone, in writing via email, and through registered mail on the same day. The results will be published on the yourtown website on the same day.
What are the rules for unclaimed prizes in the yourtown Draw 554 competition?
In the case of unclaimed prizes in the ACT and NSW, the yourtown Draw 554 competition will comply with local regulations, conducting a redraw on Monday, 8 June 2026. For unclaimed prizes in other states, if the 1st Prize remains unclaimed for one year, a redraw will occur on Monday, 8 March 2027. Any prizes under $5,000 unclaimed within twelve months will be sold, with proceeds going to yourtown’s charity purposes.
