When you win the Mega Millions, a world of possibilities can suddenly
appear ahead of you. With a steady flow
of income you can find yourself breathing easier knowing that your financial
needs are taken care of. But what happens
when you find yourself in a financial emergency and your regular lottery
payments just aren’t enough.
If you ever find yourself want more from your lottery payments, selling
your payments for a lump sum can be a way to get the money you need. If you choose to sell your lottery winnings
for a lump
sum payment, the money you get can be used to help you get through those
rough patches and help you live more comfortably. Don’t worry about using all of your money at
once, you can choose to sell only some of your payments and continue to receive
the remaining amount through regular installments.
When you decide to sell your lottery
payments, it’s important to know who you are selling to. Beware of companies that seek to only broker
your future lottery payments. They will
pay you the lowest possible amount for your lottery payments so they can make
bigger profit when they sell your payments to a bank.
One way to avoid lottery payment brokers is to go straight to the
source, the bank. AnFed
Bank has been working with lump sum lottery payments since 2008. A division of BofI Federal Bank
(NASDAQ:BOFI), AnFed has the experience and know how to make you the best deal
for your future lottery payments.
