WebFeb 16, 2024 · The 2024 prize, a modern stunner overlooking the Puget Sound in Gig Harbor, Washington, comes with $250,000 in cash and a new Honda Accord—a total prize value of $1.8 million. The period to enter the sweeps closed on Feb. 16. Last year’s giveaway received more than 130 million entries. WebJan 31, 2024 · "It's a very personal decision for every winner." The rep notes, HGTV's legal team "encourages the winner to speak with an attorney, accountant or other trusted financial advisor of their...
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WebAug 27, 2024 · Santo said the winner also has to pay income tax. According to HGTV, the grand prize includes the fully furnished house, plus $50,000 cash, valued at a total of about $684,000. Santo says the winner will be taxed at the top federal rate of 37 percent. Add on state taxes, and they’ll owe between $238,000 – $266,000. WebJan 2, 2024 · The Cruz family auctioned the home in January of 2008, living in it for only three years after winning. So, did winning the HGTV Dream Home make life harder for Don Cruz instead of the dream it sounds like? In 209, Don Cruz graciously agreed to an interview, and his answer was a resounding NO. In fact, he was still trying to win again! jesus mosquera height
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WebFeb 9, 2024 · HGTV's My Lottery Dream Home has consistently been a ratings winner for the network. In a 2024 press release, HGTV boasted that 15.7 million viewers had tuned in for … WebOct 14, 2024 · According to a report from CNBC, 2024 winner Beverly Fulkerson won a $2.3 million prize package that included a “Dream Home” in Montana. But the estimated tax bill would come up a staggering $789,140. In February 2024, Country Living magazine reported that of the first 21 winners of the sweepstakes, only six actually lived in the home for ... WebMar 29, 2024 · After all, as Vocativ explains, being deemed the lucky winner for a home worth $1.75 million will cost you nearly $700,000 in federal income taxes, plus additional bills for real estate taxes, state income … inspirations wellness