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Lottery winnings are frequently paid out as annual annuity payments to winners over a 5 to 30 year period.
For many winners, the option to sell lottery winnings in exchange for an immediate lump sum cash payout is preferable either at the time of winning or at some point in the future.
Strategic Capital provides you with the opportunity to sell lottery winnings for cash - giving you the freedom to maximize the benefit of your lottery winnings now. For instance, the lump sum cash could be used to purchase a house, cover tuition costs, estate or income tax obligations. We can purchase one payment or any number of payments.
Lisa is a single mom who was laid off at the beginning of the year and was in danger of losing her house at the end of the month. Then she won a $1 million lottery prize! Her lottery winnings will pay her $50,000 per year for the next twenty years.
After assessing her current needs, Lisa decided to sell a portion of her lottery winnings which gave her enough money to pay off her mortgage so she will be living mortgage free, put aside enough money for her daughter's college tuition and help her son pay off his car loan.
Things worked out so well for Lisa she did not have to sell her entire annuity because she has enough income so the pressure of meeting her living expenses is under control until she gets a job. Lisa is also considering returning to school to further her education.
Strategic Capital provides you with the opportunity to sell your lottery winnings so that you can do the most with them today. We will give you lump sum cash when you sell lottery payments. We strive to get the most money in your hands fast, while allowing you to live your life to the fullest now.
Lottery winners wishing to sell lottery winnings can expect the process to take approximately 60 days depending on which lottery you won.
At Strategic Capital, it's our goal to help you make the right decision when it comes to selling your lottery winnings. If you're in need of cash, we will help you find a solution that will provide you with short term and long term solutions.
