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Fact Finders: What do Dream Home winners do after getting the big prize?

What percentage of winners live in these dream homes?By Paul AdlerPublished: Feb. 22, 2023 at 8:22 PM CSTSPRINGFIELD, Mo. (KY3) - Tickets for the 2023 St. Jude Dream Home will go on sale in April. The home will be built again in Republic. One of our viewers wants to know, ‘What percentage of winners take possession of and live in these dream homes?’Hundreds of people reserved a $100 ticket for the 2022 home. The home was valued at $680,000.St. Jude tells you upfront that the home’s taxes are the winner’s responsibility. This is something that the IRS requires for prizes valued at greater than $5,000.“Winners are encouraged to consult a tax professional,” says Scott Ellis with the Children’s Research Hospital. “Many factors come into a winner’s choice to move into or sell the home, which ultimately comes down to their personal preference. Regardless, winning the St. Jude Dream Home Giveaway house can be life-changing for both ticket buyers and the kids of St. Jude.”“You must assess if y...

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