Atlanta 2/26/2013 7:00:00 AM
AnFed Bank Buys Lottery Payments for a Lump Sum of Cash
Lottery winners can often find themselves in a position to receive a great deal of money, though many times it may come in payments over the course of many years. This can leave elderly or financially burdened winners in a difficult position, as they may need to utilize these lottery winnings immediately. Luckily for these winners, there are options that allow them to receive a lump sum lottery payment to address their financial needs or to meet personal investment goals.
AnFed Bank understands and specializes in meeting the specific retail banking and financial service needs of lottery winners and structured settlement recipients. Since 2008, they have been the financial industry’s only nationally chartered, fully licensed, FDIC insured bank certified to handle the direct purchasing of lottery payments and structure settlements directly from winners and recipients, respectively.
The companies that have traditionally specialized in the purchase of lottery winnings and structured settlement payments are merely middlemen between the purchasing bank and the selling individual. These brokers charge high closing costs and hidden fees for their services, often greatly reducing the final payout that the customer receives. Since AnFed purchases lottery payments directly, they eliminate these closing costs and broker fees, ensuring the most generous lump sum lottery cash payout available.
Sell lottery payments to AnFed Bank today and get your winnings now.
