Laura Martin, the 2014 winner, says even though she didn’t keep the Dream Home, HGTV gave her family “a better American dream.” They purchased a new home in Idaho with the winnings (“We literally wrote a check for it”), parlayed the Yukon Denali into two smaller vehicles, and spent a vacation in Belize, where they …
Where is 2015 HGTV Dream Home located?
For HGTV Dream Home 2015, lead architect, Patrick Ahearn, designed a house that reflects the shack cottages that are scattered in Edgartown on Martha’s Vineyard.
Who won the HGTV Smart Home 2013?
The 2013 HGTV Smart Home winner was Peggy Walker, a retired special education teacher who lives on a 200-acre dairy farm in River Falls, Wisconsin.
Who won the HGTV 2021 Smart Home Sweepstakes?
Meet the lucky winner of HGTV Smart Home 2021 in Naples, FL. Congratulations to Becky Dolan of Seattle, WA; she is the winner of the HGTV® Smart Home 2021 sweepstakes, a grand prize package valued at over $1.1 million dollars.
Can you sell the HGTV Dream Home if you win?
If the winner chooses this option, they receive the associated prizes like the vehicles, cash, and furnishings, but HGTV retains the rights to the house. Usually, they sell the home to a private bidder.
Has any HGTV Dream Home winners kept the house?
And, it seems the winners don’t even get to enjoy their dream digs for very long. Country Living reported that by 2018, with over 20 HGTV Dream Home winners crowned, only 28% of the winners actually lived in the home for over a year.
Who won the 2015 HGTV Dream Home?
Congratulations to Kathy O’Dell of Huntsville, Alabama! She is the lucky winner of the HGTV Dream Home Giveaway® 2015.
Who won the HGTV 2022 Smart Home?
Meet the lucky winner of HGTV Smart Home 2022 in Wilmington, NC. Congratulations to Leah Nadorff of Columbia, South Carolina; she is the winner of the HGTV® Smart Home 2022 sweepstakes, a grand prize package valued at over $1.2 million dollars.
Has anyone won the Smart Home HGTV?
Congratulations to Jyll Doubleday of Santa Barbara, CA; she is the winner of the HGTV® Smart Home 2020 sweepstakes, a grand prize package valued at over $1.5 million dollars.
Who won the HGTV Dream Home 2022?
A huge congratulations to Karey Wolstenholm of Overland Park, KS! She is the winner of the HGTV® Dream Home 2022 sweepstakes, a grand prize package valued at over $2.4 million.
How much do you pay in taxes if you win the HGTV Dream Home?
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.
What is the cash option for the 2022 HGTV Dream Home?
In lieu of taking title to the HGTV Smart Home 2022® (and the contents of the HGTV Smart Home 2022®), the Grand Prize Winner will have the option of receiving $600,000 in cash, awarded in the form of an electronic funds transfer (the “Cash Option”).
What happens if you win the HGTV Smart Home?
The prize package, valued at over $1.2 million, includes the brand new, fully furnished home, a 2021 Mercedes-Benz GLC 300 and $100,000 from LendingTree. Eligible entrants can enter twice per day at HGTV.com, where they can also find additional sweepstakes details and the official rules.
Does anyone actually win HGTV sweepstakes?
HGTV’s annual Dream Home sweepstakes began in 1997 with a house in Jackson Hole, Wyoming. Every year since, one lucky winner is chosen out of millions of entries: in 1998 there were 2.5 million entries; in 2016 there were around 127 million entries .
Has the 2022 HGTV winner been notified?
NEW YORK, April 21, 2022 /PRNewswire/ — HGTV today announced the winner of the HGTV® Dream Home 2022 is Karey Wolstenholm of Overland Park, Kansas.
Who won HGTV Sweepstakes 2020?
Congratulations to Susan O’Gorman of Perry, Georgia; she is the winner of the HGTV® Dream Home 2020 sweepstakes, a grand prize package valued at over $2 million dollars.
Where is the 2022 HGTV home located?
See every stunning space from HGTV Dream Home 2022, a grand mountain modern escape packed with high-end design and located in Warren, Vermont.
Where is the 2023 HGTV Dream Home located?
“The backyard is an entertainer’s dream with a beautiful pool and pergola, a fire pit, as well as a back deck with multiple seating areas and an outdoor kitchen,” HGTV said in its news release about the house, located along the Cape Fear River in the Castle Hayne area.
Where is the next HGTV Smart Home 2022?
HGTV unveils the newly built HGTV® Smart Home 2022 in Wilmington, NC.
Who won last years HGTV home?
The lucky winner of the 2019 Dream Home was Beverly Fulkerson of Osgood, Indiana. HGTV drew Beverly’s name from among more than 135 million other entries. Like many winners, Beverly has been entering for years with no expectation of ever really being lucky enough to have her name drawn.
Who won the 2019 HGTV smart home?
Congratulations to Maureen Rustrianof Basking Ridge, New Jersey! She is our proud winner of the HGTV® Smart Home Giveaway 2019, a grand prize package valued at over $1.2 million.
How much taxes would I have to pay on $1000000?
If your gross prize for lump sum payout is $1,000,000, you need to pay $334,072 in total tax ($240,000 federal withholding, plus the remaining $94,072 for single filing status in 2021).
Do you get to keep the furniture on HGTV Dream Home?
The winner of the home will receive the brand new, fully furnished home, including all of the furnishings, an All-New 2022 Grand Wagoneer and $250,000 from Rocket Mortgage®, a prize package valued at over $2.4 Million.
How can I avoid paying taxes on prizes?
- Consider lump-sum vs. annuity payments.
- Charitable donations. Donating some of the lottery money to charity will reduce your tax bill when you’re a big winner.
- Gambling losses.
- Other deductions.
- Hire a tax professional.
Do you have to pay taxes on HGTV Dream Home?
If you’re lucky enough to win an HGTV Dream Home, you’ll be responsible for federal income taxes on the value of the property or improvements, plus state income tax, depending on your state of residence.