The division one lottery winner - who is a registered player - will be notified of their win over the next few days and will be able to collect their $1M prize.

Canowindra Newsagency's owner, Graham Rice, is excited to have sold the winning ticket.

"We came in this morning and it was just a normal day, with lots to do after yesterday's public holiday, then we were told the news, and we are thrilled," he said.

The Newsagency is abuzz with punters rushing in to check their ticket, however the winner is yet to walk through the doors.

The decorations spilling on to the main street; a simple mark of the town's excitement.