http://www.hgtv.com/design/hgtv-smart-home/sweepstakes
Grand Prize: One (1) Grand Prize Winner shall win the Grand Prize which consists of:
(i) the home located near Raleigh, NC (the “HGTV Smart Home”) that is featured in the “HGTV Smart Home” 2016 special (including home furnishings and merchandise as determined by Main Sponsor in cooperation with the Participating Product Sponsors and installed prior to conveyance) (approximate retail value (“ARV”): $1,226,391;
(ii) One Hundred Thousand Dollars ($100,000) (awarded in the form of an electronic funds transfer) courtesy of national mortgage lender Quicken Loans (the “Cash Prize”); and
(iii) a 2016 Mercedes-Benz GLC (ARV: $51,685).
In lieu of taking title to the HGTV Smart Home 2016 (and the contents of the HGTV Smart Home), the Grand Prize Winner will have the option of receiving $750,000 in cash in lieu of the HGTV Smart Home (the “Cash Option”). If Grand Prize Winner elects to take the Cash Option, the Grand Prize winner will still receive the Cash Prize and the 2016 Mercedes-Benz GLC.
Total ARV of Grand Prize is $1,378,076 if Grand Prize Winner takes title to the HGTV Smart Home or $901,685 if Grand Prize Winner selects the Cash Option in lieu of taking title to the HGTV Smart Home.