In a stunning turn of events, a man in China has defied all odds, transforming a modest investment of around Rs 3000 into a fortune worth crores of rupees in just a single day, leaving many incredulous at his extraordinary stroke of luck.
The man, who ran a small business, could hardly have imagined earning even lakhs. However, his investment idea came to fruition and as a result, his bank balance has reached a staggering Rs 796 crore.
As per the South China Morning Post (SCMP) report, the 28-year-old man in China won a whopping 680-million-yuan (Rs 796 crore) lottery jackpot.?
He won the lottery consistently by betting on the same group of seven numbers. It has been claimed to be the biggest lottery jackpot in China.?
The man from Guizhou province in southwest China purchased 133 tickets for 28 cents each.
What came out as an exciting update was that each of his tickets won a prize of $725,000 (around Rs 6 crores), the outlet reported.
On February 7th, the winner of a Chinese lottery picked up his prize money. However, he will need to pay 20% of his winnings in taxes, according to the Individual Income Tax Law rules.?
It's worth noting that the man's win of 796 crore Rupees broke China's previous record of 664 crore Rupees, which was won by a man living in Beijing in 2012.
The man says that he was informed about the massive win on his mobile phone at night. "At first I didn't believe it, so I verified it several times. I was too thrilled to sleep," he said. He drove to Guiyang, the capital of Guizhou province, to collect his prize-winning cheque.
"I've been researching the trend of numbers appearing in previous winning tickets. I chose some of those and added one of my lucky numbers to bet on. I have bet on this set of figures for a long time. I will share this good news with my family during the Spring Festival holiday," said the man.
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