Quicken Loans Hole-In-One Sweepstakes

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How To Enter : Entrants can enter the Sweepstakes by submitting the Sweepstakes registration form on www.PGATOUR.com and the Quicken Loans Facebook fan page (both available throughout the Sweepstakes Period) and www.QLNational.com (available only between 12:00 p.m. ET on May 19, 2014 through 11:59 p.m. ET on June 28, 2014) (a “Registration”). Entrants must complete a Registration (an “Entry”) to be entered in that potential prize drawing and all subsequent prize drawings during the Sweepstakes Period (if any). Entrants who enter via Facebook will also be required to “like” the Quicken Loans Fan Page (if they have not already done so). Entrants may also enter the Sweepstakes at the Quicken Loans National (on the dates indicated in the chart below) through Sponsor specified on-site activities if any (“On-site Entry”).

Eligibility : The Quicken Loans Hole-In-One Sweepstakes (the “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 (“Entrant”).

Timing : Sweepstakes begins on May 19, 2014 at 12:00 p.m. Eastern Time (“ET”) and ends on December 6, 2014 at 11:59 p.m. ET (the “Sweepstakes Period”).

Limit : One (1) Registration and one (1) On-site Entry per person, regardless of method of Entry during the Sweepstakes Period.

Prize (s) :

If a hole-in-one is achieved on the 10th hole of the Quicken Loans National Tournament, One (1) Grand Prize will be awarded: USD$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. (Grand Prize Approximate Retail Value, based on annuity’s present day value: $208,289.04). 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 mortgage payment, consisting of 12 months of principal and interest 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 $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 (AS INDICATED IN THE CHART ABOVE), NO FIRST PRIZE WILL BE AWARDED. Second Prize (60 – ten per month as described above): 60 Second Prize winners will be selected (10 per month) to win 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) will be awarded to that corresponding winner.

 

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