Lottery winners are often envied for their stroke of good luck, but their improved financial situation comes with new responsibilities such as choosing between a lump sum lottery payment or receiving their winnings through payments spread out over time. Sometimes winners find themselves wanting a lump sum payment after choosing structured payments. That dilemma can be solved by selling the payments to a company or a bank.
For lottery winners who want to convert their future lottery payments into instant cash, finding the right establishment to work with is very important. Oftentimes companies that buy lottery payments resell the payments to a bank for more than the initial purchase price. Instead of going through a company, lottery winners should consider selling their structured lottery payments directly to a bank for a lump sum payment. Cutting out the middleman can help ensure you receive a more generous lump sum payment.
AnFed Bank is a fair and respected establishment that purchases future lottery payments. AnFed can be relied on to offer a fair lump sum payment to lottery winners looking to sell their structured lottery winnings. They are a division of Bofl Federal Bank, which is federally chartered, FDIC insured, and publically traded on NASDAQ (BOFI). Working with a bank that has the experience and reputation AnFed has can help ensure lottery winners receive a fair value for their future payments.
Selling your future lottery payments can help you get the cash you need clear up financial problems or buy the luxury item you have always dreamed of. Work with a trusted bank like AnFed to ensure you are treated fairly.
