Enter for your chance to win $1 million, if a hole-in-one happens at the Quicken Loans National on the 10th hole. Following the Quicken Loans National, every time there’s a hole-in-one at a participating PGA TOUR tournament, you could have a chance of Quicken Loans paying off your mortgage for a year. You will also be entered into a monthly drawing for a chance to win one month’s mortgage payment.
Sweepstakes Rating: Okay
Eligibility: US, DC, 18 and older
Entry Dates: May 19, 2014 and ends on December 6, 2014 at 11:59 p.m. ET
Entry Limit: One registration and one entry per person + ten (10) bonus entries for sharing.
One (1) Grand Prize: If a hole-in-one is achieved on the 10th hole of the Quicken Loans National Tournament $1,000,000 in the name of the Grand Prize Winner, payable over the course of forty (40) years in forty (40) equal annual installments of $25,000. IF NO HOLE-IN-ONE IS MADE ON THE 10TH HOLE OF THE QUICKEN LOANS NATIONAL, THE GRAND PRIZE WILL NOT BE AWARDED. ARV, based on annuity’s present day value: $208,289.04
First Prizes For each hole-in-one achieved during the participating PGA TOUR tournaments one year’s mortgage payment, consisting of 12 months of principal and interest only, awarded in the form of a check in the name of the winner. (minimum $6,000 to maximum $12,000each). Mortgage account holders must provide proof of one year’s mortgage payment in order to receive that amount (up to $12,000). Non-mortgage holding winners’ prizes will be determined by a random drawing of all eligible mortgage amounts starting from $6,000 to $12,000, and the selected monthly mortgage amount (up to $12,000) will be awarded to that corresponding winner. IF NO HOLE-IN-ONE IS MADE ON ANY HOLE OF ANY PARTICIPATING PGA TOUR TOURNAMENT, NO FIRST PRIZE WILL BE AWARDED.
Sixty (60) Second Prizes (ten per month): one month’s mortgage payment, minimum $500 to maximum $2,000 each (principal and interest only). Mortgage account holders must provide proof of one month’s mortgage payment in order to receive that amount (up to $2,000). Non-mortgage holding winners’ prizes will be determined by a random drawing of all eligible mortgage amounts starting from $500 to $2,000 and the selected monthly mortgage amount (up to $2,000)
Prize Limit: one prize per person and per household.
Random Drawing: On or about the last Friday of each month starting in July (July 25, 2014; August 29, 2014; September 26, 2014, October 31, 2014, November 28, 2014 and December 12, 2014), ten (10) Second Prize winners will be selected from among all eligible entries received by the last Thursday of that same month and all previous months (if any), regardless of whether or not a hole-in-one is achieved by a PGA TOUR professional on any hole during the participating tournament during that month.