Three-year-old Kiwi scoops $1 million payout

It goes without saying that minors aren’t allowed to gamble, but that didn’t stop a three-year-old from landing a $1 million jackpot. His parents created a Bonus Bonds account for their newborn baby, which turned out to be a good decision. Their son has become an instant millionaire at the age of three thanks to his Bonus Bonds.

Christmas baby brings good luck

Bonus BondsThe Christchurch-based family discovered the life-changing win when they arrived home after their vacation. Needless to say that they are ecstatic for winning a jackpot of this magnitude. “We were absolutely speechless when we found out that our son’s Bonus Bonds hit a $1 million bonanza”, the New Zealand father said. Their Christmas baby seems to be born lucky considering the dazzling win.

Monthly $1 million prize

About one million New Zealanders, affectionately known as ‘Kiwis’, have bought Bonus Bonds, which are a mix of investing and lottery gambling. The chances of winning increase as people own more Bonus Bonds, with a $1 million top prize available every month. Participants never lose their money, but their investment doesn’t increase in value either if they don’t win a prize in the monthly draw.
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