https://www.realtor.com/homegiveaway
military servicemember or veterans only
THE PRIZE. The “Prize,” the awarding of which will be subject to the terms and conditions of these Rules, will consist of either of the following two options, as chosen by the entrant identified by Sponsor as the potential Winner of the Sweepstakes (so long as not at any time becoming disqualified) or as otherwise deemed to apply based on other terms of these Rules:
HOME-PURCHASE OPTION. Cash in the amount of two hundred fifty thousand dollars in U.S. currency (US$250,000) to be used to make a Qualifying Purchase (defined below) of a home that the Winner (as defined below) would purchase, own and occupy (“Home Deposit Amount”) LESS the amount of federal, State and local income tax withholding that is withheld and paid over to taxing authorities on behalf of Winner by Sponsor as required by law, or as elected by Sponsor, or at the request of the Winner but only insofar as agreed to by Sponsor in its sole discretion (“Deposit Withholding Amount”). The home to be purchased must have a purchase price of at least the lesser of (i) $150,000 or (ii) $250,000 less the Deposit Withholding Amount. In the event the sum of the amount of the home’s purchase price PLUS the Deposit Withholding Amount is for any reason less than $250,000, the difference will be provided to the Winner in cash, to be used by the Winner for any lawful purpose as the Winner may choose.
OR
STRAIGHT-CASH OPTION. Cash in the amount of one hundred thousand dollars in U.S. currency (US$100,000) to be used by the Winner for any lawful purpose as the Winner may choose LESS the amount of federal, State and local income tax withholding that is withheld and paid over to taxing authorities on behalf of Winner by Sponsor as required by law, or as elected by Sponsor, or at the request of the Winner but only insofar as agreed to by Sponsor in its sole discretion.
The fair market value (“FMV”) of the Prize is $250,000 if the Home-Purchase Option applies and $100,000 if the Straight-Cash Option applies.