Question

Scenario: John and Jane got married without executing a marriage settlement. During their marriage, John won a million pesos in the lottery. They decided to use the money to buy a house and lot, registered in Jane's name. Unfortunately, their marriage later ended in divorce. In the division of properties, Jane claimed that the house and lot should be considered conjugal property and be divided equally between them, while John argued that it should be considered Jane's exclusive property.

Question: Applying the provisions of the Family Code, specifically Articles 194-208, how should the house and lot be classified and divided in the context of their divorce? Provide a legal basis for your answer.