The Benefits of Selling Your Annuity Payments

Difference between lump sum and annuity

You beat the odds and you were one of the few people who actually won the lottery. You double checked your lottery ticket, before realizing that you actually had won the lottery. You protected the ticket, until you were able to turn it in. You were given two payout options. One, would allow you to take a large payment at once, but you would lose a percentage of your winnings. The other one, you would receive smaller monthly payments, and you would lose fewer winnings. You were likely encouraged to choose the second option.

Years later, you realize that you are struggling financially, and you wonder, why am I struggling when I won the lottery? If only you had all of the money that you deserved. If only you had chosen the first option, you would likely be in a better financial situ…

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Cash for your structured settlement

When something happens that awards us a large sum of money whether it is a settlement of the case, lottery winnings or an inheritance, well winning is always a positive thing, these types of payments can take a long time to get to us.

What reasons would I get a sum of money? For example, let’s say that you got into a car accident and the case has gone to court. You know you were going to win, but you have to go through the right channels to get your settlement money. This could take months, even years. If you’ve been injured, it’s possible that you are not able to work for a while. Or maybe, your car got totaled during the accident. In either of these cases, you’ll need your money quickly in order to pay medical bills or buy a new car or both. Waiting for your pay…

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