Luck is a funny thing. We yearn for it. We pray for it. We try for it again and again. And yet, when it hits, we never seem to know what to do with it. What happens when you finally win that lawsuit or you’re holding that winning lottery ticket in your hand? All your problems are solved, right? You might think so, but the truth is, however much money you win, and however you win it, you probably won’t see much of it at one time, ever.
Payouts are commonly issued in an annuity settlement. Annuities come in a variety of lengths, but the most common are over the course of twenty-five years or until death. While that might suffice for some, the majority of us are more interested in finding a way to receive lottery winnings immediately or how to get money from a settlement now.
As if we needed more reasons to want a large sum of money, did you know that:
Over forty percent of families in the United States spend more than they earn.
Outstanding student loan debt has gone from $1.21 trillion in 2014 to $1.3 trillion in 2015.
Outstanding auto loans have climbed from $866.44 billion in 2014 to $943.76 billion in 2015.
The average adult owes approximately $3,761 in revolving credit to lenders.
The average household in the United States pays $950 in interest each year.
Did you know that there are ways to get cash for settlements or get a lottery lump sum payout?
You can sell fixed annuity or sell a structured settlement for a large sum of money that you can receive at once. With a large sum of money immediately available, you would finally be able to pay off those student loan debts without paying a cent more interest, or buy that luxury car on the spot, or pay off those medical bills, travel the world, but most of all, you would be able to invest in your future. Make things a little simpler for yourself, take a break from the daily grind and cash in on that luck once and for all, sell fixed annuity.