BIZ BUZZ: St. Jude winner can pick cash instead of house

By Biz Buzz

Biz Buzz reports that it has been announced that the person who is drawn for the St. Jude Dream Home will have the option of choosing the house, or $150,000 cash, or as always they can decline to accept either prize.

Taxes still apply on the Cash Prize Option, and are taken out of the lump sum before the winner takes possession of the prize. Donors should consult their CPA for specific tax implications.

According to officials 1,434 tickets have been sold.

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