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The 1951 VFL Lightning Premiership was an Australian rules football knockout competition played entirely on Wednesday, 9 May. It was played on the Jubilee Day holiday, held to celebrate 50 years of Federation of Australia, between rounds 3 and 4 of the Victorian Football League's 1951 season with all games played at the MCG. This was the fourth time a lightning premiership had been contested in the VFL, the first since 1943. It was contested by the 12 VFL teams who competed in the 1951 VFL season. A total of 25,882 people attended the competition. Collingwood won its second Lighting Premiership competition defeating Melbourne in the final by 6 points.