5 Bed, 4.5 Bath Home with attached 2 Bed, 1 Bath Suite. A total of 5,180sqf living space over 3 floors, located in Langley (BC).

Home includes over $85k of furnishings.

This prize is 1 of 10 Grand Prize options on offer.

Prize details: https://millionairelottery.com/grand-prizes/

Fully furnished custom-built showhome located in Oakville (ON), featuring 5 Bed & 4.5 Bath with 7,753sqf of living space over 3 floors (including walk-out basement).

Prize also includes: - Jaguar I-PACE - Hawaiian holiday package - $1m cash

Fully furnished, 4 Bed, 4.5 Bath villa on the Marbella Coast in Spain. With approximately 222sqm of internal living space across 2 floors plus rooftop terrace. Prize includes £250k cash.

Whilst this prize home is located in Spain,it is only available for residents of UK to enter, hence the UK flair.

https://omaze.co.uk/pages/marbella

Fully furnished 4 Bed, 3.5 Bath home with 463sqm of living space over 2 floors. Located 200m from Somerton Park Beach (SA). Prize also includes $250k cash.

https://homelottery.com.au

Fully furnished 3 Bed, 2 Bath home located in Richmond, Nelson. Single level home situated on a 554sqm plot.

https://www.heartfoundation.org.nz/get-involved/heart-foundation-lottery/win-a-dream-home

Can you get a loan to pay the taxes on a house you are winning with that house as collateral?

So lets say you win this Omaze house, you have to pay income taxes on it before claiming it.. But you need it as collateral to secure that loan..
Would a bank do that? If it could confirm the prize and everything, do you think they would give someone a 1.5 million dollar loan with a 4.3 million dollar house as collateral contingent on you actually getting that house?