Atlanta 1/18/2012 10:45:00 AM
News / Finance

Turn Your Lottery Payments into a Lump Sum

You can sell your lottery payments for a lump sum.

Although it seems uncommon, people do win the lottery every day.  For those lucky individuals they sometimes have the option to receive the money all at once or gain the money in multiple, smaller installments.  Some winners, however, are not given the option and must wait for their installments to get the money.

If your one of the ones that had to wait for their money to come in installments, or chose to but changed your mind, don’t worry, there is a way to get the rest of your money all at once.  Selling your lottery payments is easier than you’d think.  It does require some research, but taking the time to learn about the companies you could be dealing with will benefit you greatly.

Make sure whatever company you choose to sell to is reputable and has the experience to get you what you need.  Some companies merely exist just to shuffle around future lottery payments.  What they do is buy from sellers like you, but they fail to mention that your payments are worth much more.  Then they turn around and sell your payments to another company, such as a bank, and keep the profit for themselves.  You don’t want that.

The easiest way to avoid these lottery middlemen is to go directly to the banks themselves.  One such bank, AnFed Bank, will gladly assist you in the sale of your lottery payments, and since they are the source and not the middle man, they are in a position to offer the fairest deal possible for your lottery payments.  With years of experience and knowledgeable team of professionals, AnFed will work with you and help you get the money you deserve.