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Michelle Payne became the first female jockey to win the A$6.2 million Melbourne Cup on Tuesday as she rode rank outsider Prince of Penzance to a famous victory in Australia's richest and most prestigious race. The Melbourne Cup, the so-called race that stops a nation that's been run for more than 150 years, always draws a large and lively crowd.

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Michelle Payne riding Prince of Penzance defeats Frankie Dettori riding Max Dynamite in the Melbourne Cup at Flemington Racecourse , Australia.Vince Caligiuri/Getty Images

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Trainer Darren Weir (L) and jockey Michelle Payne celebrate with their cups after victory with their horse Prince of Penzance in the Melbourne Cup at Flemington Racecourse , Australia.Hamish Blair/Reuters

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Racegoers take photographs during a race in the Melbourne Cup at Flemington Racecourse , Australia.Carla Gottgens/Bloomberg

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Racegoers relax with a picnic on the lawns of the Melbourne Cup at Flemington Racecourse , Australia.Paul Crock/AFP / Getty Images

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Jockeys participating in the Melbourne Cup race line up in the mounting yard ahead of the race in the Melbourne Cup at Flemington Racecourse , Australia.Carla Gottgens/Bloomberg

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A racegoer stands at the Flemington racecourse in the Melbourne Cup at Flemington Racecourse , Australia.Carla Gottgens/Bloomberg

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Michelle Payne rides Prince of Penzance to win in the Melbourne Cup at Flemington Racecourse , Australia.Robert Cianflone/Getty Images

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Two woman bends backwards between two racegoers who have their ties tied together on the grounds of the Melbourne Cup at Flemington Racecourse , Australia.Scott Barbour/Getty Images

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A pair of high-heeled shoes and other personal belongings lie on the grounds of the Melbourne Cup at Flemington Racecourse , Australia.Carla Gottgens/Bloomberg

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Melbourne Cup winner Prince of Penzance is cooled down back in the raceday stables at the Melbourne Cup in Flemington Racecourse , Australia.Pat Scala

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