The Block winners Jimmy and Tam reveal how they plan to spend their $966,000 winnings

The Block winners Jimmy and Tam reveal how they plan to spend their $966,000 winnings – after taking home the largest amount ever won by a team on the show

They were crowned the winners of The Block on Sunday, with a profit of $966,000 on top of the $100,000 cash prize.

And on Monday, Queensland couple Jimmy and Tam Wilkins revealed how they plan to spend their incredible winnings.

The couple told Domain, the money will be spent wisely and put toward purchasing their first home.

Winners! The Block winners Jimmy and Tam (pictured) have revealed how they plan to spend their $966,000 winnings on Monday

‘The end goal for us is to buy a house, because we rent at the moment,’ Tam said.

‘That was one of the reasons we came on the show because of our daughter Frankie, we wanted to buy a house for her,’ she explained.

The Brisbane-based couple also revealed they may consider relocating to a different neighbourhood.

'The end goal for us is to buy a house': The couple said the money will be spent wisely and put toward purchasing a new home

‘The end goal for us is to buy a house’: The couple said the money will be spent wisely and put toward purchasing a new home

Meanwhile, The Block’s five couples took their houses to auction on Sunday night’s episode.

Jimmy and Tam were crowned the winners with a profit of $966,000, on top of the $100,000 cash prize.

The Brisbane-based couple were understandably ecstatic, with Tam remarking after the bidding: ‘Oh my goodness, can you believe that just happened?’

Tam and Jimmy chose to go second in the auction order, with a reserve price of $3,290,000.

The Block 2020 finale: On Sunday, Jimmy and Tam were crowned the winners with a profit of $966,000, on top of the $100,000 cash prize

The Block 2020 finale: On Sunday, Jimmy and Tam were crowned the winners with a profit of $966,000, on top of the $100,000 cash prize

They received a bid of $4,256,000, resulting in a profit of $966,000.

Host Scott Cam announced that Tam and Jimmy made ‘more money than anybody’s made on this show forever’. 

Meanwhile, Sarah and George won $650,002 while Harry and Tash came in third place, taking home $650,000.

Luke and Jasmin pocketed $506,000 and South Australian couple Daniel and Jade took home $460,000. 

Incredible: Host Scott Cam announced that Tam and Jimmy made 'more money than anybody's made on this show forever'

Incredible: Host Scott Cam announced that Tam and Jimmy made ‘more money than anybody’s made on this show forever’