Vietnam's American-style lottery company Vietlott on Tuesday awarded a jackpot prize worth VND304 billion (US$13.38 million), the highest payout since its launch in 2016, to the winner, a lucky man from Hanoi.

Vietlott confirmed at the award ceremony, attended by representatives from the Ministry of Public Security, the Ministry of Finance, the Ministry of Culture, Sports and Tourism and those from many press agencies, that it is the biggest lottery jackpot in the company’s history.

The winner, wearing a big mask when he stepped on the stage to receive the whopping prize, had VND30.4 billion ($1.34 million) deducted to pay personal income tax right at the event.

As per the law, the tax will go to the coffers of Hanoi.

The winner will receive the post-tax prize, some VND273 billion ($12.01 million), by bank transfer.

The overnight U.S.-dollar millionaire said he would earmark VND3 billion ($132,000) for charity.

Particularly, an amount of VND100 million ($4,400) will be given to each family of the two ‘street guardians’ who were killed when they tried to stop a group of motorbike thieves in Ho Chi Minh City on May 15.

The families of the three ‘street knights’ who were wounded in the case will receive VND50 million ($2,180) each.

Vietlott identified the winner of the jackpot for its Power 6/55 program in a draw on May 5.

The ticket held by the fortune seizer matched the number series 16-32-33-37-40-48 and was issued by an agent at 252 Vu Huu Street, Thanh Xuan Bac Ward, Thanh Xuan District, Hanoi.

Vietlott, run by a Vietnam-Malaysia joint venture, is Vietnam’s first computerized lottery program.

The American-style lottery has become a craze in Vietnam thanks to frequent announcements of special jackpot winners.

Vietlott once shocked the local public after giving jackpot prizes to three winners within just one month.

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