What are the prize details for the Draw 556 competition?
The Draw 556 competition offers participants a choice between two grand prizes: a $3 Million Gold Coast Home located at 178A Alison Road, Carrara, QLD 4211, or $3 Million in Cashable Gold. The first prize includes the home, which features 4 bedrooms, 4 bathrooms, a study, a wellness center with a sauna and hot tub, and a saltwater pool, among other luxurious amenities. The total prize pool includes $3 million in cash or property value, $2,700,000 in furniture and electrical appliances, $253,070 in gold bullion, $35,000 for 12 months of council rates and water, $4,670 for 12 months of house and contents insurance, and $6,500 for transfer fees.
When does the Draw 556 competition end?
The Draw 556 competition closes for ticket sales on Wednesday, 20 May 2026, at 10:00 PM AEST. The prize draw will take place on Friday, 22 May 2026, at 12:00 PM AEST.
What are the entry methods for the Draw 556 competition?
To enter the Draw 556 competition, individuals must purchase tickets. Each ticket allows for a chance to win a prize. The maximum number of tickets available for this competition is 525,000. Tickets must be purchased in the same name to increase chances of winning additional gold bullion or multichance bundles.
Who is eligible to enter the Draw 556 competition?
The Draw 556 competition is open to everyone; however, persons under the age of 18 years are not eligible to enter. It’s important to note that customers who purchase tickets directly through the Oz Lotteries website are not eligible to win member or bonus prizes included in this competition.
How is the winner selected for the Draw 556 competition?
The winner of the Draw 556 competition will be determined by a barrel draw conducted on Friday, 22 May 2026, at 12:00 PM AEST. Additional member and bonus draws will be conducted using a random generator.
How will the winners be notified for the Draw 556 competition?
Winners of the Draw 556 competition will be notified by phone and in writing through email and registered mail on the day of the draw. Results will also be published on the yourtown website on Friday, 22 May 2026.
What happens to unclaimed prizes in the Draw 556 competition?
If a prize remains unclaimed in the ACT and NSW within three months of the draw date, yourtown will conduct a redraw at Suite 5 Cordova St, Milton, QLD 4064, on Monday, 24 August 2026. For any unclaimed first prizes after one year, a redraw will occur on Monday, 24 May 2027, at 12:00 PM AEST. Unclaimed prizes valued under $5,000 will be sold, and proceeds will be applied to yourtown's charity purposes.
Who is the promoter of the Draw 556 competition?
The promoter of the Draw 556 competition is T.J. Adams, associated with yourtown, located at Suite 5 Cordova Street, Milton, QLD 4064. For further inquiries, individuals can contact yourtown via phone at +61 7 3368 3399 or email at support@yourtown.com.au.
