That looks amazing. If I could afford to move to Canada, and afford to maintain the house, and could live comfortably so far away from a city centre, I might consider it. But realistically those things are deal-breakers for me.

Hopefully it takes more than a sob story. If the winner can’t pay the taxes and bills, they will be out in a few years anyway

crazy idea for gamestop: don’t sell what you dont have! how hard is that?

Isn’t this an AOL chainmail scam from the 90s?

That $25 Gift coupon is an insult...

Why is it these people think the house is worth $1.7M when it won't sell for that price? Things are only worth what others will pay.

I’m not sure if anyone else has said it yet.... But....

Jesus Christ the property tax on that place has to be $$$$$$$.

Gifts between unrelated parties, particularly gifts of real estate, are subject to (quelle surprise!) capital gains tax.

“In honor of the long-awaited Kingdom Hearts 3, Sony is released a limited edition version of the PlayStation 4 Pro, emblazoned with characters from the series; the special PS4 Pro also comes with a copy of the game.”

If the house has been on the market for a while for $1.7 million, and it hasn’t sold, it’s not a $1.7 million house.

Stop preordering. I wait until I can read a sampling of reviews large enough to understand that I want something, and then I go buy it when convenient. If it’s out of stock, I wait. I'm so much happier now that I no longer give a fuck.

What, you want pictures of products that are bigger than like 100x100 pixels?

Mine was cancelled, pre-ordered it as soon as it was on the site. A few days later I went with a friend wo wasn’t able to get theirs online and pre-ordered instore, when most stores denied having instore pre-orders. This is definitely not the first or the last time Gamestop has and will do this. People should just…

Not even remotely how that works. Capital gains kicks in when you sell an asset, not when you buy or receive it. And Canada has an exemption on cap gains for your primary residence anyways. So as long as whoever wins it decides to actually live there most of the year, they’re in the clear.

hmmm Capital Gains Tax in Canada is immediate 50% which property is subject to. So if we assume the fair market value is 1.7M$ then expect to pay 850k$ in capital gains.. At Least that’s my understanding of the events following winning a Free House. I’m probably wrong on the numbers but the taxes on a house like that…

This happens every couple of years. And the cycle is always the same.

1) Media fawns about it.
2) Authorities get wind of it.
3) Turns out it was always an illegal lottery and it gets shut down. 

I remember a contest too in the recent years but just another state. Don’t know what came of it.

That being said, yeah, what’s to stop them from running this contest over and over, collecting either thousands or several millions at a time?

So she’s going to keep the money, regardless if she reaches 1.7 million? That alone will prevent people from entering, which will result in less entries, likely never reaching the required amount. Also, Alberta.

I wonder if people will think about the ongoing cost of operating it. Utilities, property tax, insurance, maintenance, etc as well as its location to job industries and services. 🤔 🤔