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Win $10,000 Cash from Network Ten

72

Dates

Closing Date 21/10/2023
Draw Date 23/10/2023 11:00am

Prizes

Description $10,000 via EFT
No. of Prizes 1
Total Prize Pool $10,000.00

Entry Requirements

Open To Australia-wide
Entry Limit Once per day
Entry Methods Website
Prerequisites Account/Membership

Related Stores

10 play
10 play

closed Comments

  • +2

    thanks!

    apparently prizes from banks have to be declared to the ato. promoter is network ten. sponsor is anz. i wonder if it is taxable?

    • +4

      Let us know when you win. Good luck!

      • +1

        yes, i suppose it is purely academic at the moment

    • I think it's only taxable if it's income from your own bank, but I am very green on financial knowledge generally.

      • +1

        https://www.ato.gov.au/Individuals/Income-deductions-offsets…

        win $10k from bank -> declare as income to ATO
        win $10k from other lottery -> woohoo!

        why? nfi

      • +1

        In this instance though I suspect not taxable as the money is clearly from Ten - ANZ are the sponsor only in this scenario. Not a tax accountant obviously, when one of us wins we can confirm!

  • +8
    • +2

      Thanks. Updated comp link.

  • +1

    Thanks so much for sharing

  • +2

    Thanks for sharing OP
    Hope more people enter the comp. Good luck!

  • Network 10, can they even afford this give away?

    Oh it's coming from ANZ, so the answer was no.

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