by admin
17. January 2012 05:06
Hi Everyone, J.G. Wentworth here.
While winning the lottery may seem like a far-fetched dream, some lucky folks have realized this blissful reality. And with this reality they have also faced the decision as to whether to receive periodic payments or a lump sum.
After receiving a large amount of money, it's expected for someone to remain speechless. So, while you are in a state of jaw-dropping gratitude for your lottery winnings, you should begin considering which payment method to choose.
While some winners choose to receive periodic payments, they may soon realize that they need more of their lottery money now, because their financial circumstances have changed. They may have recently experienced a medical emergency that brought about expensive medical bills to pay off. Rather than waiting for the periodic payments, they can pay off the bill sooner with a lump sum of cash that we can provide by buying those periodic payments. Maybe they have children who are getting ready to go to college. Rather than taking out loans, they can use that lump sum to pay off those college expenses.
Maybe those lucky winners don't necessarily need the money for a certain financial circumstance, but rather, would like to have the money to use for themselves - for a fun new car, or a much needed and long anticipated vacation.
Whatever the reason for wanting a lump sum now, instead of waiting for your future lottery payments, we can help you. We can work with you and discuss your needs - maybe selling a portion of your winnings will help with your current needs, and you can keep the rest of your lottery payments coming in as scheduled. We will work with you to help design a sale of your lottery payments that fits your financial needs.
If you have any questions or would like to learn more about selling your lottery winnings for a lump sum, feel free to contact us.