ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Teacher wins a house worth $2.6 million in lottery, but ends up with $6,600 instead due to a loophole

She was only offered $6,600 as a “goodwill gesture” for being the winner. 
UPDATED DEC 6, 2024
Representative image of a woman receiving house keys (Cover image source: Pexels)
Representative image of a woman receiving house keys (Cover image source: Pexels)

A schoolteacher from Radford, Nottingham, UK was left heartbroken after she was denied over a $2.6 million (£2 million) house that she won fair and square. Loretta Buchanan, who participated in the "Win My Home" contest, was paraded as a winner in a video posted on the contest's now-defunct website, per Daily Mail UK. Buchanan, who was knocked off her feet, was excited to finally move out of her cramped flat. However, when the time came to move, her prize was denied by the contest due to technical issues.

Representational image showing a lottery game (Image source: Pexels | Anderson Rodrigues)
Representational image showing a lottery game (Image source: Pexels | Anderson Rodrigues)

A loophole shattered her dreams of owning a house

As per reports, the terms and conditions on the contest's website said that in case the company fails to reach £2.5 million (~$3.3 million) of net sales in lottery tickets, then the winner will only receive 50% of the net proceeds. 

Further, as per emails reviewed by Nottinghamshire Live, the competition organizers claimed that in Buchanan's case, they made a loss as they spent nearly £200,000 ($267,000) on "marketing costs" and didn't sell enough tickets to cover it. So only £5,000 ($6600) was offered as a  “goodwill gesture” to the winner. 

Speaking from her cramped council flat in Nottingham, Buchanan told MailOnline: "I was promised a new home, but I got the booby prize." She said she won the property fair and square but was badly let down and left devastated. 

Buchanan told Nottinghamshire Live that two people came to her residence and said she had won the contest. However, when she asked for the keys, they told her that she hadn't won the home and could only get the compensation.

Representative image by Freepik
Representative image showing keys to a house (Image source: Freepik)

"I entered it thinking this could be a new start, maybe it might happen," she said. She further added that she got messages on social media from people congratulating her on her win and when she told them she hadn't won, they thought she was lying. 

"I need everyone to stop saying congratulations. It's not that I'm not grateful for the £5,000," she told the local news outlet. 

A twist in the story

When MailOnline reached out to the owner of the property Elliott Andrew, he claimed that there was no link between him and the organisers of Win My Home. However, the publication later learned that Andrew was dating a glamorous Ukrainian businesswoman, Yevheniia Levytska, who was the sole director of Win My Home. 

Andrew later told MailOnline that the firm had approached him to raffle off his property, but no agreement was reached. However, he didn't explain why Win My Home was registered at his address when it was founded.  



 

The publication also concluded that it was Andrew's partner Levytska who came to Buchanan's house in a flashy Tesla car to inform her about the win (loss). Thus, the school teacher told MailOnline that she was speaking to a lawyer about taking legal action against the company to get justice. 

"The competition is a scandal and should be investigated, and I am now looking to see what rights I have with the Financial Ombudsman," she said. She also warned anyone looking to participate in the contest or any such similar competition in the future.

This article originally appeared 2 months ago.

MORE ON MARKET REALIST
Drew Carey tried making a bet with the contestant but she was not having it.
21 hours ago
Steve Harvey was left stunned by the answer and had to question the entire family.
23 hours ago
Steve Harey forced the contestants hiding to come out and address the situation.
1 day ago
Rick Harrison were creeped out by the handcuffs but still wanted to buy them.
1 day ago
Cuban was interested in the tech side of the company but was annoyed when his doubts got no answers.
2 days ago
She had already won more than $21,000 and a trip to Portugal before heading to the round.
2 days ago
The contestant even apologized to Steve Harvey after her answer was called out.
2 days ago
The host urged fans not to laugh at the answer, as it might come back to bite them in the future.
3 days ago
The seller lacked any solid proof and as a result, nobody on the show wanted to offer him a deal.
3 days ago
The contestant wished that bars gave free alcohol to those already drunk out of their minds.
3 days ago
It would have been easy for Amy Schneider to respond harshly to the accusations, but she remained cool and collected.
3 days ago
The host was left shocked after hearing the answer as he mouthed "wow" a couple of times.
3 days ago
The contestant went on to win $20,000 for her family despite the awkward moment.
4 days ago
The entrepreneurs might have hoped that a third of their company would attract a shark, but it didn't.
4 days ago
She was just happy to be on the show and was not disappointed about leaving empty-handed.
5 days ago
Things got heated as all of the sharks took shots at each other for a chance to cut a deal.
5 days ago
The entrepreneur was selling a DVD set about men's grooming, which was priced at a whopping $297.
5 days ago
Some might have expected the host to be a bit upset but he was entertained.
5 days ago
The entrepreneurs had initially asked for $50,000 for a 50% stake in the company.
6 days ago
She had uploaded photos and videos from a taping on her Instagram stories.
6 days ago