Michelle Payne is the first female jockey to win the 6.2 million dollar Melbourne Cup on Tuesday.
Her winning horse was the 100-to-1 Prince of Penzance.
The Mebourne Cup is the richest horse race in all of Australia.
The Prince of Penzance is owned by six self described "small fry owners" who are actually: a Podiatrist, two engineers, an IT consultant, a solutions expert and a producer.
The owners paid around 5,000 dollars each to afford their newly crowned champion.