Lump sum payments for lottery winners
About us
The lottery payment market
42 states and the District of Columbia offer lotteries and depend on lottery ticket sales for state revenue. There are currently 5,500 outstanding lottery annuities worth $14 billion dollars. Most states enable lottery winners to sell their future payments.
Can I sell my lottery payments?
In most cases, yes. If your bills are higher than your monthly payments, we can help you access cash by selling your future payments. Many of our customers who sell their lottery payments use the cash for:
Debt/credit card
consolidation
Home repair/improvement
Education
Car purchase/repair
Medical
It’s your money – you decide
Can I sell my lottery payments?
In most cases, yes. If your bills are higher than your monthly payments, we can help you access cash by selling your future payments. Many of our customers who sell their lottery payments use the cash for:
Debt/credit card consolidation
Home repair/improvement
Education
Car purchase/repair
Medical
It’s your money – you decide
How selling your payments works
You can sell all or part of your future payments for a lump sum payment.
1. Speak with a structured settlement expert
Tell us how much cash you need. We will ask a few questions about your payments, provide a quote if you are eligible, and answer any questions.
2. Accept quote and sign contract
When you are ready, sign the contract. My Payment Source takes care of all the paperwork including scheduling a court date in 6-10 weeks.
3. Obtain approval at court
Court approval ensures you receive a fair deal for your payments. Judges want to make sure you understand the contract and are making the right decision.
4. Receive cash
Once the court approves your transaction, you receive the lump sum payment.
Only need a little cash?
Payment loans do not require a court date and you may be able to receive cash the same day. Good credit is not required as loan payments are automatically deducted from your future payments.