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I'm pretty sure someone ran a similar competition a couple of years ago. Lots of people bought a number and whoever matched the 'bonus ball' of the national lottery got the domain.

When the owner of the domain looked into the laws involved he had to give the money to charity because he didn't have the correct licence(s).

IIRC Dale (aZooZa) won the domain and it was something like britishtechnology / britishinventions.
Ben, you might mean this:

http://www.acorndomains.co.uk/general-board/49797-win-rolex-submariner-2-days-left.html

Nightmare!
 
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