Selling Your Lottery Winnings The Shortcut to Less Debt

Lottery payments

Let’s face it, you need money. That is one of the world’s universal truths. It doesn’t matter what it could be for. It could be to pay for Student loans, car insurance, purchasing a home, paying medical bills, travel, or one of the other hundreds of financial challenges we face on a daily basis. When all American consumers collectively owe about $11.91 trillion dollars of debt, it feels like there’s always a need for more money. Selling your lawsuit settlement or lottery winnings could get you the money you need.

When the average home costs at least 272 thousand dollars, what do you do? When the College Board states that the average cost for tuition and fees at private schools was 31 thousand dollars between 2014 and 2015, how do you pay that? What can you do? Play the lottery and hope for the best?

It seems that for a lot of Americans that’s not so much a joke as it is the actual truth. Lottery playing is the most popular way to gamble in the US. The thing is, what if you actually won? Seriously, no joke, what if you won? What next? Would you be satisfied if you waited for your lottery winnings to come in through slow increments or would you like to get it upfront? Let’s be honest, you would want it upfront. Through selling your lottery winnings you can have it just like that.

Look at it another way. What if you won a lawsuit? What if you were meant to be rewarded money, but wasn’t seeing a dime of it until a later date? Meanwhile, those bills aren’t going away. Why not sell the lawsuit and get the money you need?

Cash in structured settlement payments such as lottery winnings or money won from lawsuits often come in slowly over time. But what if you don’t have that time to wait? 26% of Americans admit that they do not pay their bills on time. If you are in a crunch like that you need your money and you need it now. If you want that cash now you can easily sell structured settlement payments to get a lump sum. In no time you can have the money you need in your hands.

If you’re in trouble and need to find ways to reduce debt, consider selling your annuity. Get it upfront and be able to pay off some of that debt. The bills won’t wait forever, and you shouldn’t either.

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