Tod­dler be­comes youngest Bonus Bonds mil­lion­aire

Malta Independent - - WORLD -

A New Zealand tod­dler has won NZ$1m ($726,600) in Bonus Bonds prize money - the youngest ever win­ner of the in­vest­ment lot­tery scheme.

The newly minted mil­lion­aire was reported to have just re­turned from a hol­i­day with his fam­ily when they were told the news.

“My hus­band was lit­er­ally pump­ing the air when he was on the phone,” said the un­named child’s mother, ac­cord­ing to lo­cal me­dia. It is not known how the win­ner re­acted. Bonus Bonds are an in­vest­ment that pays out thou­sands of prizes to savers, lot­tery-style, ev­ery month. NZ$1m is the big­gest monthly prize.

The child’s Bonus Bonds ac­count was re­port­edly set up when he was born with just NZ$250 ($180) worth of bonds, given by a rel­a­tive.

ANZ bank, which runs the scheme, con­firmed the win but said it was re­spect­ing the fam­ily’s wishes by not giv­ing fur­ther in­for­ma­tion about the win­ner.

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