Selling a structured settlement, annuity payments or lottery winnings can certainly be daunting. No one knows what the next ten, twenty or thirty years may hold, thus it is a common belief that selling regular payments is like selling your safety net.

Despite this belief, receiving a lump sum of cash will not necessarily leave you high and dry, although you do need to be careful managing your newfound wealth. You might want to sell structured settlement payments, annuity payments or lottery winnings in exchange of a lump sum of cash, but this doesn’t mean you have to be scared of having your money run out before you’re ready.

How not to spend your entire lump sum of cash right away

Get an accountant

With your new lump sum of cash, you should be able to afford to hire an accountant. This is a very worthy investment to get professional advice and avoid any unnecessary fines, settle any tax issues and establish a long term plan for your money.

Pay off all of your debt before your spend that lump sum of cash

Debt is not something that you want to deal with when you are no longer receiving steady payments from your previous structured settlement, annuity payments or lottery winnings. Make this a priority so you will know exactly how much spending money you actually have.

Keep your day job, or at least get a new one

As mentioned before; you never know what could happen over the next decade or three. It should always be a goal of yours to continue increasing your net worth, or at least not letting the number slip to something negative. Keep your job to maintain an additional stream of steady income. If you just can’t stand your current job, at least use your new financial freedom to take some time off and begin a new venture making money by doing something you are passionate about.

Avoid gambling with your lump sum of cash

Hopefully the thing you are passionate about is not gambling or taking on high risk financial investments. Taking on high risk investments or gambling with the lump sum of cash you just got is a surefire way to loose the money you would have had with each new structured settlement, lottery or annuity payment. Note: Chances of receiving lottery winnings twice in life are even more slim than winning once. Protect your assets.

Invest your new lump sum of cash

Whenever you sell your structured settlement, annuity payments or lottery winnings, you usually have to sacrifice a portion of the ultimate amount in order to receive that large lump sum of cash. If you invest what you get in a smart way, you might be able to make back all of that money and then some.

If you are selling a structured settlement, annuity payments or lottery winnings, consider getting a free quote about how much you could get in a lump sum of cash by visiting our free quote page.

Opportunities You Might Be Missing

Just think of the things you could be doing with your money once you’ve sold lottery payments for cash. You could:

•    Invest in high-yield funds and investments. With the cash you get from selling lottery payments, you can easily invest in an annuity, a higher yield investment, or a shorter return investment.

•    Buy property. The lump sum you get after selling lottery payments allows you to put down a larger sum, minimize the cost of borrowing, and buy at a lower price now instead of in the future when things cost more.

•    Live life. There’s no need to struggle financially while waiting for amounts so small that they’re spent long before the next payment arrives. By selling lottery payments, you gain the financial freedom to control all of your money. If you believe that your payments will outlive you, selling payments makes even more sense.

It is not too late to change the structure of your lottery payments. You still have the opportunity to sell lottery payments for a large lump sum of cash. In truth, this is a better option than choosing the lump sum the state lottery originally offered, because in selling payments to a buyer, you can opt to continue receiving some of the payments and therefore get a future income stream as well as a present lump sum of cash.

The Good News

You actually have the option to take the lottery prize as a lump sum, although at a considerably less amount. Which option should you accept? Should you sell lottery payments for cash to another company?

The answer depends on your financial situation. If you are quite young with very few immediate financial needs, you may want to hold on to your periodic lottery payments and not sell them. However if you’d rather receive all the lottery payments as a lump sum, shop around. Do not make the mistake of accepting the lump sum offered by the lottery organizers. Shopping around might pay-off and make a difference in hundreds, or in some cases even thousands of dollars to your advantage. Selling lottery payments involves turning over your cash to a third party that could provide you a lump sum of cash.

To Whom Should I Sell Lottery Payments?

There are a lot of reputable companies you might want to sell lottery payments to. To reiterate, shop around. Surf the Internet and do your research before committing to any particular deal. Obtain lots of quotes (many companies provide no-obligation, free quotation through instant online quotes for you to sell lottery payments).

Selecting a Buyer for Your Lottery Payment

If you have won the lottery and want to sell lottery payments, the first thing you need to do is find a reputable company in the business of buying lottery payments and structured settlement annuities. Such companies are registered with the Better Business Bureau and have excellent (if not impeccable) public records.

An established structured settlement company can offer you the most money in exchange for your lottery annuity payments and provide you financial advice as well. They will make sure that the lottery lump sum payment you receive meets your present and future needs. A good company will provide you with the flexibility to sell lottery payments in their entirety or just a portion of it. Lastly , it is ideal to work with professional companies that are direct funding sources and not brokers. Extra middlemen cost you more money than you’re willing to lose.

How to Sell Annuity Payments

•    Contact the organization where the annuity is held or being offered as a result of winning a lottery or settlement. If you have not decided to accept the income stream yet, this is the best time to ask if the organization can pay you with a lump sum. Once an annuity has begun making periodic income payments, also known as annuitization, the process is irreversible. Accomplish the paperwork involved to take the lump sum.

•    Speak with a structured settlement company if you have already begun receiving annuitization payments. You can find many of these firms on the Internet. Explain to a representative the type of annuity you have and the current income stream.

•    Get a quote from the structured settlement company. Expect the quote to be a smaller than your annuity’s original lump sum value.

•    Look around for the best third party buyout offer. Some buyers may attempt to get your business more aggressively with a higher quote.

•    After you’ve found the buyer with the highest quote, file the paperwork with them to begin the process of selling annuity payments. It may take several weeks before the transaction is completed and you finally get your cash.

Since selling annuity payments on the secondary market results in losing so much of the lump sum value, it is best to get advice from a financial expert before choosing a lump sum over an annuity payment. Also remember that the transaction will lead significant tax consequences.

You can also choose if you want to sell all your payments or just parts of them. Prior to selling lottery payments, it is important to understand the terms and conditions of the settlement. Some structured settlements cannot be sold earlier for lump sum amount.

Be Sure You Consider Offers From Many Different Buyers

When you sell lottery payments for lump sum, you will be doing so for an amount smaller than the one stated in the settlement. If you are choosing a payment schedule, then get a schedule that suits your present needs. Most financial companies dealing in lottery payments offer online quotes. This will give you an idea about the value of your lottery payments in the market. To get a better deal, it is always wise to obtain as many quotes as possible.

When you get quotes from different companies try to also understand the payment alternatives these companies offer. It is also a good idea to inquire about the financial health of the company. Before settling for any one company, you need to review of the company’s track record.

The help of a structured settlement broker makes sure that selling lottery payments is a hassle-free experience for you. For a reasonable fee, a structured settlement broker will facilitate your transactions and can also get you a better deal. An experienced broker’s advice will be tremendously helpful as the sale of lottery payments involve several tricky situations.

Before deciding to sell lottery payments get as much information as you can from various sources. It is always better to consult a professional in the field. Since most structured settlements ensure a periodic payment, it is advisable to sell just part of your lottery payments.

If you are among the thousands of Americans receiving periodic payments from a structured settlement, annuity, or lottery and looking to buy home, there is no better time than now!

With an overwhelming surplus of new construction, and foreclosed homes, there is a seemingly endless inventory of homes available on the market these days all across the country. Banks have tightened there lending requirements, and are racing to recoup lost assets felt as a direct result of defaulted home loans.

What does this mean for you?

It means that home prices have plummeted.

There are more houses on the market than there are buyers with available credit or ability to afford required down payments. The Feds have locked the interest rates for the time being affording you an opportunity to take part in the American dream of home ownership.

When you sell all or some of your structured settlement or annuity payments, you receive a one time lump sum of cash, that is readily available to you. Depending on how much your payments are worth, you may even be able to sell only a small portion of payments and still receive periodic payments to supplement your income. You can sell future payments even if you have sold some before. Companies such as Woodbridge Investments will buy your payments even if they are outside the guaranteed period.

How do you find out how much your payments are worth?

That’s Easy!

There are several companies that specialize in buying payments from structured settlements, annuities, and lottery winnings. These settlement purchasing and factoring companies have funding ready to put cash in your pocket now. Aggressive competition for your business ensures that you are going to get the most money possible for your payments. Once you have determined how much money you will need, find out how much your payments are worth by getting an appraisal or quote.

What do you need to get an appraisal or quote?

All you need is three!

• How often do you receive your payments?
  Do you receive them monthly, quarterly, annually, etc.
• How much are your payments?
  Are they $500, $1000, $10,000, $50,000, etc.
• How many payments are left?
  Do you have 5 years, 10 years, 30 years?

With just these three key pieces of info, you can find out how large a lump sum is available to you when you sell payments from a structured settlement, annuity, or lottery.

Are all your payments worth the same amount of money?

The answer is no. TVM, otherwise known as the time value of money, and the interest you have not earned in your payments not yet received all play a role in factoring how much your payments are worth. Payments that are further in the future are typically worth much less than those you would receive sooner. A dollar today is worth more than a dollar tomorrow. Inflation plays a large role in eating away at the value of your future payments. The amount of money you will pay for a bag of groceries today will not get you as large a bag in 5, 10, or even 20 years. For this very reason many people chose to cash out there payments now, and reinvest their money, start another business, pay for college tuition, or even put it in savings.

How does a company determine how much my payments are worth?

The equations used when factoring the monetary value of your settlement, annuity or lottery payment is a bit complex. TVM (Time Value of Money), Calculated rate of Inflation, and Interest Rates are just a few components used in determining each payments value.

After I chose a company to sell my payments to what do I do next?

Now that you have decided to sell your payments for a large lump sum. You will need to provide the company buying your payments with proof of your benefits. This is a letter from the insurance company that states in writing exactly how your payments are structured and how you receive them. Then you will need to sign agreement with the settlement purchasing company.

The company will deliver to you documents for your to review, and after you have agreed to the sale of your payments in writing, a court will review the transaction, and provide a final approval.

Why does a court need to review my sale?

A court will determine that the transaction you have agreed to is in your best interest, makes sure that all legal documents are filed accordingly, and that you will net be negatively or adversely affected by giving up some or all of your future payments. As previously stated, you do not have to sell all of your payments. How many payments you sell, is up to you.

There should never be any pressure or obligation for you to sell your payments. Your financial decisions are personal and these choices should be left for you and your family to decide.

Once the court has approved the transaction, you will receive your lump sum. Typically the entire process can take anywhere from 60-90 days, depending on which state you live in. Some courts will be quicker than others, and taking into consideration how quickly all the documents are signed and returned can have an impact on the varying lengths of time it takes to conclude a sale of payments.

To get a free, easy, no hassle, no obligation quote now call toll free-

1-866-865-7044

Or get an online quote at www.woodbridgeinvestments.com

So you won the lottery!

For most Americans winning a lottery is a dream come true, until that dream becomes a nightmare. Frustrated by having to wait on small monthly or annual payments, many people are choosing to sell their lottery payments for a large lump sum now.

Winning a lottery is supposed to enhance your financial state, not create more headaches. Maybe you have debts, medical expenses, tuition, or even a dream vacation you wanted to pay for. How is that possible to do when you are only getting a tiny portion of your winnings over an extended period of time?

With most casino or lottery winnings, you are typically offered several options of receiving your money either monthly, yearly, or maybe even bi-annually. Don’t forget the amount of your winnings that will be drastically reduced to pay for other things like fees, and taxes!

Why wait to for small periodic payments when you can get a large lump sum now. Woodbridge Investments can help you get the money you need and want today!

Call Woodbridge Investments today toll free! 1-866-865-7044 or go online and get your free quote to see how much your future lottery payments are worth. www.woodbridgeinvestments.com

Woodbridge Investments quarantees you will get you the most money for your future lottery payments.