The grand-prize winner will receive $10,000 to pay off debt for themselves and their immediate family. You can choose to pay off debts with credit card companies, mortgage lenders, medical creditors, student loan creditors, and car loan creditors. In addition, the winner will receive up to $5,000 to defray taxes.
At the end of the sweepstakes, ten names will be drawn at random. Those finalists will be interviewed by Overstock.com to determine who will receive the grand prize. Note that the money can only go toward debt that was accrued before May 1, 2009.
Entry is open to US residents aged 18 and above. Enter daily through May 30, 2009.