p class="editorial-note">This is an editorial guide provided for information only. fortunegames.com is an online slots site and is not affiliated with, nor an agent of, BOTB, Omaze, Raffle House or any competition operator named. Prizes, odds, ticket prices and rules are set by the relevant operator and can change — always check the official site and terms for the latest details. Nothing here is legal, tax or financial advice.
What Happens After You Win a Car?
Winning a car sounds simple — but there are a few practical steps between the win and driving away. Here’s what to expect.
Car or cash first
Most competitions contact you using your registered details and let you choose between the vehicle and a cash alternative. Plenty of winners take the cash for flexibility; others want the keys. There’s no wrong answer — it depends what suits you.
If you take the car
Handover or delivery is arranged with you, and you’ll receive the V5C registration document putting the car in your name. Before driving it on the road, you’ll need to arrange insurance and ensure it has valid road tax — those are your responsibility as the new owner.
The money side
The win itself isn’t taxed as income in the UK. But ongoing running costs are yours, and if you later sell a very valuable car, any gain could have tax implications — worth checking for a high-value vehicle. See how to claim a BOTB prize, tax on winning a house and how car competition sites work.
Frequently asked questions
Do you have to take the car or can you take cash?
Most competitions let you choose the car or a cash alternative.
Do you pay tax on a won car?
No — the win isn’t taxed as income; but running costs, and any gain if you sell, are yours.
Do you need to insure a car you win?
Yes — to drive it on the road you’ll need insurance and valid road tax.
Related guides: how to claim a BOTB prize, tax on winning a house and how car competition sites work.