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