Before lottery winners can collect their jackpot, they must choose to collect their winnings all at once or over a long period of time. The first option is called Lump Sum, when the winner receives all of the lottery winnings after taxes. The second option is a long term payment agreement called an Annuity. Annuities allows winners to receive periodic payments from an account created by their state lottery commission. Each state and lottery rules varies . Lottery winners have the option to sell all or part of the payments in a transaction that we prepare ,provide and excel at funding.
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