ENTER SWEEPSTAKES HERE – Quicken Loans Sweepstakes page.
ENTRY LIMIT – Limit: One (1) Registration per person/email address regardless of how Entrant accessed the Registration form (including On-site Registration) during the Sweepstakes Period.
ELIGIBILITY – The Quicken Loans Hole-In-One 2016 Sweepstakes is open to legal residents of the fifty (50) United States (including the District of Columbia) who are eighteen (18) years of age or older as of date of entry.
SWEEPSTAKES ENTRY PERIOD – The Quicken Loans Hole-In-One Sweepstakes begins on February 1, 2016 at 12:00:00 p.m. Eastern Time (“ET”) and ends on September 24, 2016 at 11:59:59 p.m. ET.
PRIZES – Grand Prize (1): If a hole-in-one is achieved on the 10th hole of the Quicken Loans National Tournament, One (1) Grand Prize will be awarded: Winner’s choice of one of the following prize choices: 1) $1,000,000, awarded as a 20 yr annuity payable in equal installments of $50,000 a year for 20 years ; (2) $700,000, awarded as a 10 yr annuity payable in equal installments of $70,000 a year for 10 years; or (3) A lump sum payment of $500,000 . IF NO HOLE-IN-ONE IS MADE ON THE 10TH HOLE OF THE QUICKEN LOANS NATIONAL, THE GRAND PRIZE WILL NOT BE AWARDED. (Grand Prize Maximum Retail Value, based on present day value: $500,000).
First Prize: For each hole-in-one achieved during the participating PGA TOUR tournaments as indicated in the chart above, one First Prize winner will receive one year’s primary mortgage payment, consisting of 12 months of principal and interest only (on winner’s primary mortgage only), awarded in the form of a check in the name of the winner (or parent/legal guardian if winner is deemed a minor in his/her state of residence) (minimum $6,000 to maximum $24,000 each). Mortgage account holders must provide proof of one year’s mortgage payment in order to receive that amount (up to $24,000). Non-mortgage holding winners’ prizes will be determined by a random drawing of all eligible primary mortgage amounts starting from $6,000 to $24,000, and the selected yearly mortgage amount (up to $24,000) will be awarded to that corresponding winner. IF NO HOLE-IN-ONE IS MADE ON ANY HOLE OF ANY PARTICIPATING PGA TOUR TOURNAMENT (AS INDICATED IN THE CHART ABOVE), NO FIRST PRIZE WILL BE AWARDED. Limit one (1) Prize per person and per household. Prizes cannot be transferred. All federal, state and local taxes associated with the prize are the responsibility of the winner (or parent/legal guardian if winner is deemed a minor), as applicable. Winner cannot assign the cash payments to another party. Sponsor’s only obligation is to pay the winner.
RULES – See sweepstakes rules here.