How much money did you win?
How much money did you win?
Get the most out of your lottery winnings
If you claimed your prize as an annuity, you have options that can help maximize your money.
1
Contact JGW for a FREE, confidential consultation
2
Choose a lump sum or the Tax Deferred Option
3
Get the most out of your prize!
What is the Tax-Deferred Option?
Set Your Payment Schedule
If you’re receiving your lottery payments in increments but want to change your disbursement schedule.*
Extend Your Payments
Worried about what you’ll do when your jackpot runs out? That’s where the Tax-Deferred Option comes in.**
Maximize Your Wealth
Your lottery prize changed your life, but you can make your winnings worth more with the Tax-Deferred Option.
Pay taxes on your winnings (up to 48%!)
The average 1 million dollar winner only receives $350k – $400k after taxes if they take a lump sum
Receive an annual payment for 20-25 years
No ability to invest the principal balance
Winning the Lottery with the Tax Deferred Program
Time
Increase the number of payments you get from your annuity.
Money
Professionally managed investment portfolio where the balance grows tax-deferred and you receive distributions.
Expert Help
Get a lump at the end of the program in ADDITION to your annual payments.
Lottery Annuity
Tax-Deferred
Payment Distributions
20 payments of $50,000
29 annual payments of $55,000**
Payment Distribution Frequency
Annual
Annual
Length of Term
24 years
30 years
Wealth at the End of the Program
$0
$428,119
Total Face Value of Distributions
$1,000,000
$1,595,000
Total + Distributions
$1,000,000
$2,023,119
*This example was provided by Raymond James for illustrative purposes only. Figures shown are past results of the Growth Fund of America F2 (GFFFX) and the Income Fund of America F2 (AMEFX) and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Share prices and returns will vary. This is an example based on historical data. J.G. Wentworth can make no guarantee regarding the performance of the investments that you choose. J.G. Wentworth is not a financial advisory firm and its employees are not financial advisors. J.G. Wentworth does not provide tax, legal or financial advice. Any tax consequences arising from your investments are your sole responsibility. Please consult with a financial advisor or tax advisor for any investment or tax advice. All investment decisions will be made by you in conjunction with Raymond James and your financial advisors.
**Scheduled payment amounts are not guaranteed.
Tax-Deferred Option—
which is right for me?
Payment Distributions
Lottery Annuity
20 payments of $50,000
Tax-Deferred
29 annual payments of $55,000**
Payment Distribution Frequency
Lottery Annuity
Annual
Tax-Deferred
Annual
Length of Term
Lottery Annuity
24 years
Tax-Deferred
30 years
Wealth at the End of the Program
Lottery Annuity
$0
Tax-Deferred
$428,119
Total Face Value of Distributions
Lottery Annuity
$1,000,000
Tax-Deferred
$1,595,000
Total + Distributions
Lottery Annuity
$1,000,000
Tax-Deferred
$2,023,119
If you have a lottery annuity but want your lotto money now, not later, selling to JG Wentworth for a lump sum could be the right option for you.
*This example was provided by Raymond James for illustrative purposes only. Figures shown are past results of the Growth Fund of America F2 (GFFFX) and the Income Fund of America F2 (AMEFX) and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Share prices and returns will vary. This is an example based on historical data. J.G. Wentworth can make no guarantee regarding the performance of the investments that you choose. J.G. Wentworth is not a financial advisory firm and its employees are not financial advisors. J.G. Wentworth does not provide tax, legal or financial advice. Any tax consequences arising from your investments are your sole responsibility. Please consult with a financial advisor or tax advisor for any investment or tax advice. All investment decisions will be made by you in conjunction with Raymond James and your financial advisors.
**Scheduled payment amounts are not guaranteed.
A Partner You Can Trust
375K+
JG Wentworth customers
30+
Years of experience
A+
BBB Rating
Financial Education
Lottery FAQs
Selling your lottery payments to JG Wentworth in exchange for a lump sum is a straightforward process.
You’ll start out by calling us to hear a quote. As with all our annuity sales transactions, there are zero hidden fees; the amount you’re quoted is the amount you’ll receive. If you like what you hear, you’ll accept your offer and return a signed contract to us. From there, we’ll take care of all the paperwork on your behalf.
Because the transferal of the rights to your lottery payments is a legal transaction, you will have might need to attend a court date, which we’ll set up for you.
Then, after you gain court approval, we’ll send your lump sum to you. We can send a check or a wire transfer—whatever works best for you. It’s as simple as that!
You can sell all your payments for a big lump sum, but you do not have to sell every payment to receive a lump sum. Depending on how much cash you need, you could opt to sell just a portion of your payments. Our representatives will work with you personally to review your circumstances and make a plan that best meets your needs.
“Tax-deferred” means that you do not have to pay taxes on your investments’ growth until you receive the profits as a payment of liquid cash. In the case of the JGW Tax-Deferred Option for your lottery payments, any growth on the principle balance in your account will not be taxed until you receive your lump sum at the end of your payment period.
Tax-deferred accounts are beneficial to people who are looking to grow their wealth without paying expensive income taxes year-to-year. Keeping your total yearly income down means keeping yourself in a lower tax bracket and, in turn, paying less in taxes each year.
We understand that your life circumstances can change in a short period of time—so yes, you may change your disbursement schedule after you’ve signed up for the Tax-Deferred Option. However, you cannot change your schedule within the first year of being enrolled, and every time you change your disbursement schedule, you’ll be required to pay an administrative fee to JG Wentworth.
You won, don’t cash out before our offer!
Disclaimers
Sales of Lottery Payments are subject to court approval and other conditions which can take approximately 60-90 days to complete.
All transactions are at JG Wentworth’s sole discretion. JG Wentworth does not provide legal, financial or tax advice.
ALL INVESTMENT DECISIONS WILL BE MADE BY YOU IN CONJUNCTION WITH RAYMOND JAMES AND YOUR INDEPENDENT FINANCIAL ADVISORS. JG WENTWORTH DOES NOT PROVIDE LEGAL, FINANCIAL OR TAX ADVICE.
* The number and amount of payments cannot be guaranteed as such payments involve many variable factors including, but not limited to the investment fund you select, rate of return and frequency of payment.
**All investment decisions will be made by you in conjunction with your independent financial advisors. This program allows you to use a selection of investments, of your own choice, to create a rate of return for your obligation. When you choose the Asset Advantage Program you are able to choose to structure how and when you receive payments. There are specific risks involved with any investment strategy you may choose. JG Wentworth makes no assurances that any investment you select will meet its performance objectives or that substantial losses will be avoided. Any tax consequences arising from your investments are your sole responsibility. Please consult with a financial advisor or tax advisor for any investment or tax advice. Call for additional details.
The Tax Deferred Option is also know as Wealthbuilder and trademarked by the JG Wentworth company.
