Who can enter the competition?The competition is open to New Zealand residents aged 18 years or older as of October 18, 2024. Both Kiwibank customers and non-customers can enter, and Kiwibank employees and contractors are also eligible to participate.
When does the competition close?The competition closes at 11:59 pm NZST on December 2, 2024.
How can one enter the competition?To enter, participants must complete the mandatory fields on the entry form and correctly answer the prize draw question on the "On the Ladder" prize draw entry form. Multiple attempts are allowed, but only one correct entry per participant will be included in the draw.
What is the prize?There are five individual cash prizes, each worth $10,000. The total prize pool is $50,000.
When will the winners be selected, and how will they be contacted?The winners will be randomly selected from all eligible entries on December 4, 2024. They will be contacted from that date using the phone number or email address provided on their entry form. Winners must confirm their nominated New Zealand bank account and provide identification to claim the prize, which will be deposited in full within 10 business days of confirmation.
What happens if a winner does not respond?If a winner does not confirm their bank account within 10 business days, the prize will be forfeited, and a new winner will be drawn from the remaining eligible entries. This process will repeat until all prizes are awarded.