According to recent surveys, playing the lottery is the most popular and widely practiced form of gambling in the United States … though some don’t even consider playing the lottery gambling. Those that win the lottery often believe that their lives will instantly change; however, they usually don’t receive lottery winnings upfront. Rather, these individuals, and those that win large amounts of money in lawsuits end up with annuities or structured settlements, with payments being allocated over the course of a long period of time. If you sell your structured settlement or fixed annuity, however, you can get cash quickly. There are many things you can do with this money; the sky is the limit.
1. Purchasing A Home
In the current economy, owning a home i
Selling an annuity is one of the single best things you can do to improve your financial standing immediately. Some people will disagree and opt for the safe, consistent income that an annuity provides, but the opportunities open to you by getting cash for structured settlements is almost infinite. Here are three things you can do with the cash you’ll receive that can have a dramatic impact on your life.
1.) Medical Bills: The rising cost of healthcare has led to a large amount of people being strapped with massive amounts of medical debts. Abou
Whether it’s the result of an insurance claim, lawsuit, or lottery winnings a structured settlement can be one of your most valuable assets. nnuity.org/structured-settlements/periodic-payment-settlement-act/” Title=”Lottery lump sum payout, Cash for lottery winnings”>Regular annuity style payments are safe and consistent, but sell your structured settlements and you can position yourself to make three of your life’s biggest purchases.
1.) House: Obviously, prices range greatly, but t