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
The two did not agree on a deal the first time over $50, but things worked out in the end.
15 hours ago
The item belonged to the guest's grandmother who wore it at her own and her son's weddings.
18 hours ago
The founder revealed how they ran out of inventory that was supposed to last for a whole summer.
19 hours ago
"Everybody wants them, and that's what drives the value up on these two games," an expert weight in on the possibilites.
21 hours ago
“I won the jackpot!” Frasca exclaimed before the buzzer could time him out, concluding the game with a dream win.
1 day ago
The lamp originally belonged to the guest's godfather who cared deeply about him and his wife.
1 day ago
The guests who had very little idea about the instrument weren't expecting to get a 2333x return.
1 day ago
The contestant got it wrong in his first guess but then fixed it just in time.
1 day ago
Jennings confessed his ignorance to a contestant who shared the same on Reddit.
2 days ago
Jennings would be following in the footsteps of Bob Barker, who appeared in the film's first edition.
2 days ago
Despite his love for the book, Harrison negotiated hard to bag a good deal.
3 days ago
The contestant won a trip to Bora Bora on Showcase, a good place for a honeymoon.
3 days ago
The player was so hung up on the word that she almost said a bad word.
3 days ago
The item she had brought to the shop was a signed picture of former US President Benjamin Harrison.
3 days ago
The host was also very impressed with the manner in which the player made his way to the stage.
3 days ago
The announcer was also asked why he thought the show was so popular, and he had an interesting answer.
4 days ago
No one could quite believe what the answer to the puzzle was, even host Ryan Seacrest.
4 days ago
Harvey was annoyed because the contestant's wife gave him one of the best compliments ever.
4 days ago
The guest received it as a present on her birthday from her grandmother, who had inherited it.
4 days ago
The two have more in common than just being exceptional hosts of two popular game shows.
5 days ago