It was Joseph O'Brien's second win in the race.
It was an Irish 1-2 at the Melbourne Cup Down Under overnight.
Joseph O'Brien has trained his second Melbourne Cup champion, with Twilight Payment winning at odds of 25 to 1.
Under Jye McNeil, Twilight Payment produced a frontrunning display to win from Tiger Moth - trained by Joseph's father Aidan - into second.
The race was also tinged with sadness however as former Derby winner for Aidan, Anthony Van Dyck