Benefits of Selling Your Future Lottery Payments!

Winners of the state lottery can usually choose to receive their payments in one large lump sum, or through an annuitized payment stream which will establish monthly or annual payments that are structured over a long period of time. LumpSum Funder has experience working with individuals to achieve their financial goals by selling their lottery payments in every state where lottery payments are assignable. 

The state lottery commission used different methods for paying out and funding lottery winners. You can either receive a lump sum payout at the time you won or in many cases the lottery commission structures the payout over an extended period of time. Many of the larger prizes are structured over 20 years and each payment consists of principal and interest.

For example, a $1 million dollar prize may be structured as $50,000 per year for 20 years. In this case, a much smaller amount of money is invested to pay out the annual payments as they become due. By structuring over 20 years interest can be earned to payout the prize, however the value of money decreases for the winner over time.

Which should I choose: sell the lottery payments or should you accept the structured lottery payments?

After you have informed your immediate family members (remember, it’s not in your best interest for everyone to know about the influx of money that you will be receiving), your next step should be to get in touch with a money manager or financial planner. Working with a trained professional will ensure that you make the most shrewd investments and save effectively. One of the first things you will establish with either party is a rock-solid list of financial goals that you would like to achieve with your winnings for both the long-term and short-term.

However, there are certain things that even the best money manger can’t help you plan for… perhaps you won years ago and are now in a place where your structured payments aren’t enough to cover various unexpected expenses. For example, you may have unforeseen medical expenses or a new home mortgage that is bearing heavy on your bank account. Choosing to sell your lottery payments may be the best option. Keep in mind that reputable direct purchasers will be willing to work out a deal that best benefits you, not them. This means that you should be able to sell either all or a portion of your future payments.

For example. If you are receiving $3,000/month for the next 50 months, LumpSum Funder would present you with the option of purchasing 50%, or $1,500 of each monthly payment in exchange for a lump sum. This enables you to receive a large portion of money and a check for $1,500 at the end of each month until the end of your payment stream.

Am I able to sell lottery lottery payments in my state?

As noted above, LumpSum Funder has purchased all types of lottery payments payments in every state where the assignability of the payments is able to be changed. Currently, the states where the assignability of the payments can be found on our list page. It is constantly updated and even if your state isn’t included in this list you should call our team of annuitized lottery payment experts today!


If you are currently in the market to sell your lottery payments, there is a good chance that you have a laundry list of questions. Please don’t hesitate to give the lottery experts at LumpSum Funder a call at any time: (888)651-7482. We are here to help you make an informed decision and tailor your payment stream to match your exact financial goals. Don’t wait, call today! 

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