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.