recipe destination

If I use this simple recipe:

MAILDIR=$HOME/Maildir/

:0
* TO_procmail(_at_)lists(_dot_)RWTH-Aachen(_dot_)DE
$MAILDIR

....does the mail end up in $HOME/Maildir/ or
$HOME/Maildir/$HOME/Maildir/ ?

....and does .procmailrc stop processing the email at this point?
( so that any other recipes beyond that point are not executed )

Thanks,
Robert

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