A Sydney man who was recently made redundant has won $4.8 million.

The Bondi dweller held the only division one winning entry in the Set for Life draw 2056 last night and will take home the division one prize of $4.8 million, paid in instalments of $20,000 a month for 20 years.

The man was running errands when he received a life-changing phone call confirming the win.

A recently-redundant Bondi man has contemplated an early retirement after he won last night’s Set for Life division one prize of $4.8 million. (Supplied)

“I am just driving right now,. Oh my god, I need to pull over,” he told the Lott.

“Are you serious? Oh my god.

“This is insane. It’s unbelievable! I could cry.”

The man said the timing of the win “couldn’t be better”.

“This is an absolute game-changer for me. Wow,” he said.

“This is beautiful. I am going to get a fancy bottle of champagne to celebrate.

A lottery winner said he would consider buying a new car, a boat and a few fishing trips. (Supplied)

“I can’t wait until I break the news to my wife.”

Although news of his windfall came as a surprise, the overjoyed man said he did have a few ideas of how he would enjoy the prize.

The winner said he would love to do some international travelling when the borders open up again.

He said he would also consider a new car, a boat and some fishing trips.

This content first appear on 9news

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