Kossatz, who had garnered the most Internet votes of 48 finalists selected from each of the IPL games held at various South African venues, was ecstatic at the opportunity to do screen tests for a movie with Shah Rukh Khan as part of her prize package.
This on-off component of the prize was finally revealed at the event after it was announced at the start of the series, and then changed midway through the contest to "a guided tour through Bollywood", because organisers said guaranteeing a role with Shah Rukh Khan would be difficult.
Johannesburg Business Marketing graduate Genna Cloud, 24, who got the second greatest number of votes, was also named First Princess by the panel of judges and Dunay Nortje was crowned Second Princess.
Confessing that she had not seen any Bollywood movies yet, Kossatz said she was going to start doing so immediately. She also promised to start learning Hindi.
Commenting on the fact that all three winners were white South Africans who beat several Indian contestants, Kossatz said it showed the true nature of the rainbow nation that the country was: "I think it's great! I think we should all stick together and love another and be respectful and tolerant of each other and their cultures."
Kossatz received a specially made crown from Gitanjali Jewellers containing gold, silver, diamonds and other precious stones from former Miss Universe Michelle McLean of South Africa.
Earlier, Mclean got out of her seat in the small overhead booth to dance to the music of Caribbean music legend Eddy Grant. She even got IPL supremo Lalit Modi to join in. They were two of the judges on the one side of the theatre, while opposite them; Shilpa Shetty joined a more staid group.
For Modi, there was extra cause for celebration to add to the huge success of the IPL that culminates with the final later on Sunday at the Wanderers in Johannesberg. The compere announced that Modi had just become a grandfather for the first time just an hour before the show started late on Saturday night.
The scene outside Montecasino as leading lights from the sports, business and arts field from India and South Africa walked the red carpet was reminiscent of when a horde of stars descended on the venue a few years ago for the IIFA Awards there. But the excited crowd was left disappointed as the only star they got a glimpse of was Shilpa Shetty, who passed them fleetingly without even stopping for photographs scheduled by organisers for the media at a spot along the route.