David Bromstad takes recent lottery winners on over-the-top house hunts for their new dream homes. Whether they win hundreds of thousands or hundreds of millions, lucky lottery winners everywhere are jumping headfirst into the real estate market. Will they spend all their winnings on an extravagant mansion or settle for a humble sound investment? Find out what happens when average Americans set out to find My Lottery Dream Home.
Show Info
Official site: www.hgtv.com
6.3 (7 votes)
Next Episode
Small Town, Big Dreams
Episode 16x06; May 10, 2024
Previous Episodes
Episode Name | Airdate | Trailer |
---|---|---|
16x05: Rolling In It on the Texas Plains | May 3, 2024 | |
16x04: Below Dock | Apr 26, 2024 | |
16x03: Family Bonds | Apr 19, 2024 |
Cast
Recent discussions
@Lynnar wrote:
Seriously? Millionaires? In MA? $1 million. I don’t think so. Most people take the lump sum up front. That’s $500,000, right there. Then? You pay Federal taxes on that! 35%! So take another $175,000 from that. Then....they live in MA! High state taxes. All Northeast states are high tax states. On top of that, if looking in MA, you don’t get much for your buck. If they lived in Mississippi, I would say yes. So these people are not millionaires and this is a waste of the viewers time! This couple should call a financial advisor and invest it in some good growth funds.
The show is called My Lottery Dream Home. Not sure the angst here. The Northeast may have fairly high taxes but they also have very comprehensive services. However, NH does t have any income tax but are expensive with real estate taxes. You may have more bang for your buck in cheaper Mississippi. But you also don't make nearly as much as you do in Massachusetts. So it's not a clear cut advantage. As for this couple, that $400k home has likely nearly doubled in price as has all the property values in Worcester since the start of the pandemic. It's hard to rent here now. So they are doing just fine.
Don't know how this show is a waste of time. It's a show. It's entertainment. Talk about bad investments, maybe you should know what you're watching and the premise behind it before spending all that time on it.
Seriously? Millionaires? In MA? $1 million. I don’t think so. Most people take the lump sum up front. That’s $500,000, right there. Then? You pay Federal taxes on that! 35%! So take another $175,000 from that. Then....they live in MA! High state taxes. All Northeast states are high tax states. On top of that, if looking in MA, you don’t get much for your buck. If they lived in Mississippi, I would say yes. So these people are not millionaires and this is a waste of the viewers time! This couple should call a financial advisor and invest it in some good growth funds.