What If I Win?

Do I have to take my prize cottage or can I just take cash?

Prize Cottages must be accepted as awarded. There is no cash alternative available for prize cottages. 

Are there expenses or legal costs associated with taking ownership of the prize cottage?

No. The prize cottages are awarded free and clear of all encumbrances. There are no legal fees to the prize winner associated with the title transfer. These costs have been paid by The Princess Margaret Cancer Foundation (PMCF). However, if a winner retains their own counsel, which is their option, this is at their own expense. 

When do I take title of my prize cottage?

The closing date will be discussed with you by the lottery’s legal counsel. This will require that you fully cooperate with the Foundation's lawyers to provide the documentation required within their specified timelines.