(1) Grand Prize: Winner shall win the Grand Prize consisting of the home in Midway, Utah that is featured in the "HGTV Dream Home 2012" special, plus home furnishings, merchandise, an automobile, and $500,000 in cash (awarded in the form of a check or a wire transfer). The HGTV Dream Home is valued at approximately $1,500,000 as of November 2011 (includes structure, lot, landscaping, home furnishings, merchandise, artwork, and accessories). The automobile is a 2012 GMC Terrain SLT2 (ARV): $38,755).

In lieu of taking title to the HGTV Dream Home (and the contents of the HGTV Dream Home), Grand Prize Winner will have the option of receiving $800,000 in cash in addition to the $500,000 cash prize and automobile mentioned above for a total ARV of $1,338,755.

Total ARV of Grand Prize is $2,038,755 if Grand Prize Winner takes title to the HGTV Dream Home or $1,338,755 if Grand Prize selects the cash option in lieu of taking title to the HGTV Dream Home.

Sweepstakes is open only to legal residents of the U.S. and its territories, possessions and commonwealths who are 21 years of age or older as of December 30, 2011.

Limit (1) online entry on the HGTV Website, per valid email address, per eligible person per day.

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