If you happened to be lucky enough to win the HGTV Dream Home, have you thought about the tax consequences? A general rule of thumb says that state and federal taxes come to about 30% of the value of a sweepstakes win (though that number will vary depending on your individual tax status). However, that means you can expect an increase of somewhere around $700,000!

Most of us couldn't scape up an additional $700,000 easily. However, that doesn't mean the Dream House Giveaway isn't...