A Cairns man has become a millionaire overnight after taking home a massive $4.8 million in the lotto.

He held the only division one winning entry in yesterday’s Set For Life draw.

His prize will be paid in monthly instalments of $20,000 for the next 20 years.

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This year alone, there have been five division one wins in Far North Queensland, totalling $10.3 million.

The winner said his newfound wealth will allow him to travel the world with his family, hire a personal trainer and work less.

“I found out late last night while I was in bed,” he said.

“I checked the numbers first and then recognised some of them, and so I checked my ticket and bam – there it was!

“I double-checked it so many times. I couldn’t believe it when I saw I’d won division one.

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“I called some family members straight away and told them, and they were so happy for me.

“It’s a dream come true!”

The man's life-changing pick of numbers was purchased online. 

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Honestly, I had to keep pinching myself. I thought I was dreaming!
Lottery winner