Atlanta 1/17/2012 5:49:51 AM
News / Finance

Use a Bank to Cash Out Your Future Lottery Payments

Are you a lottery winner but still strapped for cash? Do you receive your winnings in payment installments but want a lump sum payment instead? If you answered yes AnFed Bank could be the solution to your problem.

AnFed was designed to serve the needs of lottery winners and structured settlement annuitants. By cutting out the middleman AnFed Bank is able to offer you more money for your future lottery payments. In addition to a more generous lump sum payment, working with the experienced and respected professionals at AnFed can provide you with a greater sense of security during your transaction. A division of the FDIC insured, federally chartered Bofl Federal Bank, AnFed has been involved in purchasing future lottery payments since 2008.

By taking your business directly to the bank you will cut out the middleman and receive a larger lump sum payment. Companies that purchase lottery receivables sometimes sell them for a profit; therefore they offer a lower lump sum to the lottery winner. The second buyer is often a bank. Dealing directly with the bank will get you more money faster.

Lottery winnings are a big responsibility. If you are looking for an establishment you can trust to help you cash out your future payments for a more generous lump sum consider utilizing the services of AnFed Bank.