Finance

When Is the HGTV Dream Home Drawing Held Each Year

The HGTV Dream Home program typically opens for entries in the first quarter of the year, with the grand prize drawing held shortly after the entry period closes. The network an...

Mara Ellison
When Is the HGTV Dream Home Drawing Held Each Year

Annual Schedule and Entry Window for the HGTV Dream Home

The HGTV Dream Home program typically opens for entries in the first quarter of the year, with the grand prize drawing held shortly after the entry period closes. The network announces the official open and close dates on HGTV.com and through its social channels each season. The drawing is conducted under strict rules to ensure fairness and compliance with applicable laws. For the most current entry window, check the official HGTV Dream Home page on HGTV.com here.

Eligibility is generally limited to legal residents of the United States who are at least 18 years old, with some exceptions for states where the sweepstakes is void. Entries are usually accepted online through a single official entry form per household. The exact drawing date is confirmed in the official rules, which are published on the HGTV website before the entry period begins.

How the HGTV Dream Home Drawing Works

The HGTV Dream Home drawing is a random selection process managed by an independent third-party sweepstakes administrator. After the entry window closes, the administrator draws one grand prize winner and a set number of runner-up prizes. The winner is notified according to the procedures outlined in the official rules and must respond within a specified deadline to claim the prize.

Prize Structure and Value

The grand prize typically includes a fully furnished luxury home, with the total value often exceeding several million dollars. Runner-up prizes may include cash awards orHGTV merchandise packages. The exact prize values and descriptions are detailed in the official rules published each season on HGTV.com here.

Key Rules, Taxes, and Official Information

Winners are responsible for all applicable federal, state, and local taxes on the prize. HGTV and its sponsors provide the winner with a Form 1099 for the fair market value of the prize. The official rules specify the odds of winning based on the total number of eligible entries received during the contest period.

The official rules, eligibility requirements, and winner selection procedures are published in full on HGTV.com before the entry period opens. The rules also outline how the winner's identity may be announced and the timeframe for public disclosure. For the complete legal text and any updates, visit the official HGTV Dream Home rules page on HGTV.com here.

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