What are the expenses, or downsides, to winning a dream home lottery?

Taxes. (Income tax on the win, and property taxes thereafter)

Decorating it (a dream home will come with white walls and no window shades).

Getting new fresh furniture to replace your old junk.

I can see just one headache after another.

I wonder if you’d be allowed to immediately turn around and sell it. Or if a rule of winning is you have to hand on to the house for a period of time.

Can you say: Infernal Revenue Service? Uncle Sam always gets his pound of flesh.

Does this mean you don’t want that ticket?!!

@JLoon Were you addressing madam? Of course I’ll take the ticket. Worth only a pittance I’m sure, but I’ll exchange it with you for a property I own in San Antonio. Nice little place, I call it an “Alamo”.

@Nomore_lockout – I was wondering if Red has won that golden key, but just doesn’t have time for all the fuss ;)

Buts as far as that little ranch you mention – Sorry pal, nothing is getting me anywhere near Fetus Fever country anytime soon.

Nor do I blame you. If we could afford to move I’d get the hell out myself.

Taxes and “leaches”.

Up keep like electricity for flood lights, security would go up.
Maintenance for landscaping costs.
Property taxes higher.
Transportation costs higher as most dream homes are in newly developed areas with no public amentietes close by.
Cleaning ceiling high windows, fans and picture frames, artwork and so on.
Home Insurance costs higher as well.
Not to mention that one wouldspend a lot of time with constant upkeep.
Lawns need to be cut, plants pruned,pest control ( mice, bugs,),windows need to be washed,patios need to be cleaned, pools need to be looked after..the list goes on.

Even if you sell the home, you will still owe income taxes for the win.
Perhaps you could sell the house immediately back to the bank and skip any property taxes.

@kritiper You can’t “Skip” Uncle Sam and taxes.