Mohamned Adil Khan, an Indian architect working in Dubai, has been named the first winner of a new mega prize in the United Arab Emirates (UAE) and will receive more than Rs. 5.5 lakh every month for the next 25 years.
Hailing from Uttar Pradesh, Khan was named the mega prize winner of the FAST 5 draw at a press conference held on July 27. Working as an interior design consultant for a real estate company in Dubai, he stands to get Dh25,000 (Rs. 5,59,822) a month for 25 years after winning the lottery.
While Khan was grateful for winning the money, Paul Chader, Head of Marketing, Tycheros, a company that organises Emirates Draw, was glad to announce the first winner for FAST 5 in less than eight weeks of its launch. The reason the draw is called FAST 5 is because it is the fastest way to become a multi-millionaire, he said. He added that the idea behind staggered payments is to secure the winner. “This sort of prize win ensures a regular payout for the next 25 years to the winner,” Chader said.