The lottery Dream House in London, Ontario is a grand prize offered by the Ontario Lottery and Gaming Corporation (OLG) as part of their lottery games. The prize consists of a fully furnished, custom-built dream home located in London valued at over $2 million CAD. The exact location of the home is kept secret until the winner is announced to maintain their privacy and security.
Background on the Lottery Dream House
The Lottery Dream House prize has been offered by OLG since 1998. A new luxury property is built and given away each year to the winner of one of OLG’s lottery games, usually LOTTO MAX or LOTTO 6/49. The houses are constructed by a builder selected through a bidding process and must meet very detailed specifications provided by OLG. The homes are intended to be the Canadian dream home, with amenities and features tailored to the local real estate market.
While the first house was located in Lansing, Ontario, in recent years the Dream Houses have been situated in major cities across the province. Past Dream House locations include Ottawa, Vaughan, Toronto, Hamilton, and Niagara Falls. The 2021 Dream House was located in Tyandaga, a neighborhood in the city of Burlington.
The London Dream House for 2022 is the 24th Lottery Dream House offered by OLG since the contest began. With a metropolitan area population over 500,000, London is one of the largest cities in Ontario, making it a prime location for a luxury dream home prize. The value of real estate in London has increased steadily in recent years, meaning the 2022 Dream House is likely OLG’s most expensive yet.
Details of the London Ontario Dream House
While the exact address is kept confidential, we know the general details of the London Dream House based on OLG’s released information. The home will have 5 bedrooms and over 6,500 square feet of living space. It will be a two-story home with modern architecture and finishes. The estimated total value is over $2 million CAD.
Based on the floor plan, the London Dream House features a spacious open-concept main floor with 16 to 18 foot high ceilings. The gourmet kitchen has top-of-the line appliances and a large island. The main floor has a dining room, living room, office, and mudroom in addition to the kitchen.
Upstairs are five bedrooms including a large master suite with walk-in closet and spa-like ensuite bathroom. The home has plenty of room for a family with kids, guests, or even multi-generational living.
Other notable features of the London Dream House include:
- Oversize triple car garage
- Home theater room
- Fitness room
- Bar area and games room
- Hot tub
- Infinity pool
- Smart home technology
The half-acre lot will be professionally landscaped as well. No detail is spared to make this an over-the-top dream home.
How to Enter the Lottery for the London Dream House
There are a few different ways Ontario residents can enter their name for a chance at winning the London Dream House and other Lottery Dream Home prizes:
- LOTTO MAX – Buying a LOTTO MAX ticket enters you into all Lottery Dream Home draws for that year.
- LOTTO 6/49 – Selecting the guaranteed prize draw option when buying a LOTTO 6/49 ticket gains you one entry for the Dream Home.
- Ontario 49 – Buying an Ontario 49 ticket enters you into all draws, including the Dream Home.
- Instant Games – Some OLG instant games provide Dream Home contest entries as prizes.
- Promotional Contests – OLG runs contests across social media and at events where you can gain additional entries.
The more entries you have, the better your chances of being selected for the grand prize house. With certain options like LOTTO MAX, you gain one entry for every $5 spent on the ticket. Of course purchasing multiple tickets increases your odds exponentially compared to only buying one.
The Lottery Draw Process
All entries from the various games and contests are pooled together into the Lottery Dream Home draw. A random electronic draw is conducted to select the winner, with draw monitors present to verify the process is fair.
For the London house, this draw will be held in early 2023 once ticket sales end for the various games. The winner can choose to remain anonymous or go public with their win.
Once the winner is chosen, OLG will reach out to them directly to share the news and guide them through the prize claim process. The winner must pass security checks to verify their identity and eligibility before the prize is awarded.
Taxes and Other Considerations for the Winner
While winning a million-dollar dream house is certainly an incredible prize, the victor should keep a few important things in mind:
- Taxes – In Ontario, lottery winnings over $1,000 are subject to a tax deduction. This can equate to thousands of dollars on a grand prize home.
- Property Taxes and Maintenance – The winner will need to budget for annual property taxes and maintenance costs to upkeep the large house.
- Insurance – Home insurance will be required to protect against risks like fire and flood.
- Travel – Unless the winner already lives in London, they may incur costs to travel to and potentially live in the home.
- Timing – The winner may need to make quick decisions on selling an existing home, moving, etc. if they plan to live in the dream house.
These factors should all be weighed when deciding what to do should you win. Some options besides personally living in the home include renting it out or selling it right away to take the cash value instead.
How Winning the London Dream House Can Change Someone’s Life
Regardless of the details, winning a prize like the London Dream House can be life-altering in many ways:
- Relief from Financial Stress – The value can eliminate mortgages, debts, bills, and other obligations.
- Opportunity to Retire Early – With proper planning, some winners could retire decades sooner than expected.
- Ability to Travel – Money that went to living expenses can now be directed towards vacations locally or abroad.
- Security for Loved Ones – Family members like children and grandchildren can benefit from the house value.
- Chance to Give Back – Philanthropy and community contributions are possible from the windfall.
- Luxurious Lifestyle – The winner can enjoy a daily life of luxury and comfort beyond most people’s experience.
While money can’t buy happiness, it certainly opens doors to new experiences and opportunities that can bring great joy. The London Dream House represents a life filled with financial freedom and stability to make dreams come true.
Past Winners of the Lottery Dream House
Since the first draw in 1998, the Lottery Dream House has made many Ontario residents instant millionaires. Let’s look at a few memorable winners from past years:
| Year | Winner(s) | Dream House Details |
|---|---|---|
| 2021 | Rick Baric from Burlington | 4,000 square foot Dream Home in Tyandaga valued at $2.4 million |
| 2020 | Tanya Kapty from Thunder Bay | $1.8 million Dream Home with pool, hot tub, and theater room |
| 2017 | The Dziver Family from Cobourg | Two-story, lakeside Dream Home in Cobourg worth $1.6 million |
| 2008 | Paul and Jane Smith from Kitchener | Sprawling two-acre property in Elmira valued at $1.1 million |
| 2006 | Orville Brown from Stayner | 4 bedroom Dream Home in Wasaga Beach with pool and 5-car garage |
As you can see, the prizes have grown more extravagant as real estate values have climbed over the past two decades. Winners have come from communities across Ontario, with recent houses clustered near major metropolitan areas.
Odds of Winning the London Dream House
We all dream of instantly becoming a homeowner and millionaire with the chance of winning the London Dream House. But what are the actual odds of winning the grand prize? Let’s break it down:
- In 2021, there were over 4 million entries in the Dream Home draw from all qualifying OLG games and contests.
- With only 1 grand prize winner selected, the odds are about 1 in 4 million.
- Buying a single LOTTO MAX ticket gives you 3 sets of 7 numbers, so your chance of winning the jackpot (and the Dream Home) is about 1 in 33 million.
- With LOTTO 6/49, selecting the guaranteed prize draw at $1 per play gives you about a 1 in 6 million chance at the London house.
In short, your odds aren’t great with one ticket, but playing consistently improves your chances. Buying tickets for both LOTTO MAX and LOTTO 6/49 each week expands the combinations in your favor.
While the jackpot odds seem daunting, keep in mind that scoring smaller prizes can offset the costs of tickets. Plus you can’t win if you don’t have at least one entry!
Ways to Increase Your Odds
If you hope to have the best chances at living mortgage-free in the London Dream House, try these tips:
- Buy LOTTO MAX by Quick Pick rather than selecting your own numbers. Quick Pick provides a random set of numbers that gives wider coverage.
- Get tickets for multiple draws. Playing every week ensures you’re included in each Dream Home draw.
- Take advantage of bonus games and special offers from OLG that provide extra entries.
- Join group ticket purchases, like at your workplace, to afford more number combinations.
- Use OLG’s subscription services for regular ticket purchases so you don’t miss any draws.
The more tickets and entries you have, the better your chances. So dream big and get playing!
Buying Tickets for the London Dream House Lottery
Ready to take your shot at winning the London Dream Home? Here is a step-by-step guide to buying tickets and gaining entries:
LOTTO MAX Tickets
- Visit your local lottery retailer, a convenience store, or a pharmacy like Shoppers Drug Mart.
- Decide if you want to Quick Pick or select your own numbers on the playslip.
- Choose the number of LOTTO MAX boards you wish to play. More boards equals more chances.
- Take your playslip and cash to the lotto terminal and inform the clerk you want to buy LOTTO MAX tickets.
- Indicate if you want to purchase tickets for multiple upcoming draws.
- Pay the clerk for your ticket(s). Cost per board is $5.
- Good luck on the next draw!
LOTTO 6/49 Tickets
- Visit an authorized lottery retailer in Ontario.
- Fill out a LOTTO 6/49 selection slip to play Quick Pick or your special numbers.
- Take the slip to the clerk and say you’d like LOTTO 6/49 tickets with the guaranteed prize draw for X number of plays.
- Pay $3 per play ($1 for the main draw, $1 for the guaranteed prize draw, $1 extra for Dream Home entry).
- Select the number of upcoming draws you wish to play.
- You’ll receive a printed ticket with your number selections.
- Check the winning numbers after the next draw!
Buying Tickets Online
Another option is to sign up at PlayOLG.ca to conveniently purchase Ontario lottery tickets online for games like LOTTO MAX and LOTTO 6/49. Benefits include:
- Save time by avoided lineups at retailers.
- Let the Quick Pick generator choose random numbers.
- Store payment information for faster checkout.
- Get reminders when new draws are approaching.
- Enter second chance and bonus draws.
- Check past numbers and winning history.
- Withdraw winnings easily.
To play online, you must:
- Create an account at PlayOLG.ca
- Deposit funds via credit card or Interac e-Transfer
- Select lottery game, numbers of boards, and number of draws
- Complete purchase and print/save virtual ticket
- Wait for the upcoming draw and check results
Purchasing online allows you to accumulate more entries and combinations to boost your odds of being the next London Dream Home winner!
Conclusion
The London Dream Home represents a once-in-a-lifetime chance to win a luxurious, million dollar house in one of Ontario’s top real estate markets. By playing the lottery consistently with LOTTO MAX, LOTTO 6/49, or other qualifying games, you could hold the winning ticket for this life-altering grand prize.
While becoming an instant homeowner and millionaire seems like a long-shot, remember that someone has won the Lottery Dream House every year since 1998. Why not you? Be bold, dream big, and get those ticket entries! You could hold the keys to the London Dream Home when the 2023 winner is announced.