Sell Lottery Winnings

If you are a recent lottery winner, you may have discovered that you do not receive a lump sum of cash upfront. If you are short on cash and cannot afford to pay bills, tuition or living expenses, our structured settlement, lawsuit loan, and lottery funding professionals can help you sell a portion or all of your annuity so you can get cash now.

With several options to choose from our lottery payout can turn future payments into cash so you can pay for the things you need and want not. In most cases, state lotteries will offer both an annuity or a lump sum of money to each winner. An annuity provides the security of a series of future payments while at the same time offering the winner yearly taxation benefits. With that said these plans are often inflexible so making large purchases like vehicles, homes, and college tuition is often not feesible.

Your best option is probably consulting a lottery annuity adviser to help determine if you should sell your lottery annuity for a lump sum cash settlement. If you do in fact decide to sell your lottery payment make sure you do due diligence and find out if the company you are about to use is reputable.

Our vast network of funding options allows you, the customer, to receive the best rates we can offer. To contact an Baltimore structured settlement, lawsuit loan or lottery funding professional you can reach us toll free at 855-529-5336 or fill out our online form on our contact us page. Or, stop by our Pennsylvania-based corporate office.

Process of Selling Lottery Winnings

If you are planning on selling your lottery winnings it is not as simple as a “3 step process” in most states as many companies claim. Take a look at a more realistic process:

  1. You reach out to the settlement company
  2. The company calculates an offer
  3. The company explains offer and any possible alternatives
  4. If agreed upon, company send client contract to sign
  5. Company waits for approval from judge
  6. If approved, judge sends money to client

After you Win

In the immediate aftermath that follows winning a lottery, sweepstakes or casino jackpot endless possibilities will cross your mind with what to do with the money. Try to keep in mind you have to determine how you would like to receive your money before determining how you would like to spend your money. And, depending on the amount you won and the game you won you likely will have to choose between a lump sum and a series of periodic payments known as an annuity.

Lump Sum

If you choose to receive your winnings in an upfront lump sum of cash you will be accepting a smaller total amount than what will be offered in an annuity. This is because of something referred to as present value or the time value of money. These terms basically state that the value of a dollar you receive/spend now is greater than the value of that same dollar you would receive/spend at a future date.


If you choose to receive your winnings through an annuity you will receive the full amount you won but you likely will have to wait months if not years before receiving every payment. Depending on the amount you won and the game you won you could receive payments on a weekly, monthly or even yearly basis.

Sell your Lottery Winners

Each state has different rules and laws governing what can be done with payments from your winnings. We currently have experience in the following states:

  • CA
  • CO
  • CT
  • FL
  • GA
  • LA
  • IL
  • IN
  • MA
  • ME
  • MI
  • MO
  • MT
  • NH
  • NJ
  • NY
  • OH
  • OR
  • PA
  • RI
  • TX
  • VA
  • WA
  • WI
  • WV