The Ballarat Foundation has announced the winner of the diamond ring donated by Ballarat jeweler Gems and Jewels.
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Ballarat couple Rosa Ryan and Damian Ryan, owners of Henderson Mowers, were the lucky winners of the art deco ring valued at $22,400.
Everyone who voted and donated to support their favourite dancer in the Ballarat Foundation's Dancing With Our Stars event was eligible to win the ring.
Mrs Ryan said she was donating to the Ballarat Foundation regardless of the chance to win the ring, to support a good community cause.
Watch the video about the ring below.
Ballarat Foundation chief executive said the ring was an incentive for voters to donate as $1 was one entry into the draw to win.
The Dancing With Our Stars event raised more than $112,000 for the philanthropic organisation.
"It is always nice to get support of the business community, but this business in particular and the glitz and glamour of the event was a perfect combination," Mr Jenkins said.
Gems and Jewels owner Suzy Allan said it was amazing to be a part of event that raised so much money for the community.
"We are always on the lookout for philanthropy to get involved in," she said.