Mike Smith aboard Justify (7) celebrates after winning the 144th running of the Kentucky Derby

(Jamie Rhodes-USA TODAY Sports)

Gambler Won $1.2 Million On $18 Kentucky Derby Bet

The Texas woman picked the winner of five races in a row, including Justify winning the Kentucky Derby,

May 07, 2018 - 8:56 am

Margaret Reid says she's been going to the track with her friends for years, and the practice finally paid off in a big way. She cashed a $1.2 million ticket – on a $18 bet. 

The Retama Park Race Track in Selma, Texas congratulated her on Facebook, Saturday. She won a "Pick Five" bet, where she had the correct winner in five different races. The last horse she needed to win was Justify in the 144th Kentucky Derby. 

"Is this real, did this really happen?" Reid told KENS 5 in San Antonio. 

She said she picked a couple of long shots to win, but was very prepared for it.

"I understand the program and I can break down the races. It doesn't always work out, but sometimes it does," she said.

She says she'll invest some of the $1.2 million, save some for her daughter's college fund and also treat herself to a nice vacation.