If you’ve recently won a legal settlement or lawsuit, there’s a good chance that you will be receiving this money through structured settlement annuity payments. This means your money won’t be paid out all at once; rather, you’ll receive regular payments over a set period of years.

Many people stick with their structured settlements due to the tax benefits they offer. Over time, structured settlements are worth much more than lump sums, because they’re taxed much less heavily.

However, structured settlements are just that: structured. It’s very likely that you’ll want to make a major purchase or investment within the next few years, but won’t be able to due to your settle

If you are one of the 50% of Americans who play the lottery you have probably heard it all from friends and family before:

• You have a better chance of getting hit by lighting, twice!
• You Are wasting your money!
• No body ever wins!

Baring all the objections in mind have you ever thought about what you would do if you actually did win? Many people might not be aware that if you win the lottery, it is only the beginning of the process. For example the local and state government both take out taxes from the winnings right off the bat.

Lump Sum Versus Annuity

Assuming you were to win Mega Millions, the lottery payments would be paid out yearly over the course of 29 years with the payments being incrementally more each year. If you

Congratulations! You just won the lottery! Now you can finally get rid of the debt that has been holding you back from living the life you’ve always imagined. What an incredible feeling. But wait, hold on – you just heard from the lottery officials that you won’t receive those lottery winnings up front, but rather in installments over the next several years or even decades. I’m sure at this point you are feeling deflated and like the rug was pulled out from under you. The process isn’t fair to winners. Don’t lose hope just yet, there is a way to get a lottery lump sum payout by selling lottery payments. Your lottery winnings can also be known as a structured settlement. Selling a structured settlement is a legal proce