A million dollar fish is yet to be caught in the Territory's unique competition, but last week a history making catch could see many travelling east to King Ash Bay.
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Jamie McGuinness has become the first to reel in a tagged Barra from the McArthur River area, known to many as the 'heart of the Borroloola fishing country'.
Mr McGuinness caught the $10,000 fish last Tuesday while on an early morning fishing trip with one of his friends.
While the King Ash Bay resident's 73cm catch was not one of the six red-tagged $1 million fish, Mr McGuinness said the money would be useful in paying off some of his son's boarding school expenses.
"I was out fishing with a mate early Tuesday morning - it was a bit hard to tell if it was a tagged fish as there were so many barnacles on the tag," he said.
"My mate and I were pretty excited when we flipped it over and realised.
"To be honest, we couldn't believe it - we've had a fair few Coronas to celebrate since Tuesday.
"My wife was actually at the Melbourne Cup on Tuesday and won nothing - who would've thought my odds were better out fishing, than betting on the Cup."
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In Season 5 of the Million Dollar Fish competition, 121 Barramundi have been tagged and released across the Territory including 100 carrying $10,000 cash prize tags and a further 20 purple-tagged Barra each worth $5,000 to be split between the angler and one of three Northern Territory-based charities.
For the first time in the competition, Season 5 has a staggering six prize-tagged Barramundi worth $1 million - yet to be caught, each season's is in play.
Manager of the Northern Territory Major Events Company Tim Watsford said The Million Dollar Fish competition has helped cement the Northern Territory's reputation as one of the best fishing locations in the world.
"It's great that another one of the $10,000 prizes has gone off and I'd like to congratulate Jamie McGuinness of King Ash Bay for reeling in the red-tagged Barra," he said.
"The Million Dollar Fish competition is a great initiative that has helped lure more visitors to the Territory.
"There are still 98 $10,000 Barramundi, 20 $5,000 charity fish and six $1 million Barramundi swimming around Northern Territory waterways."
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