Lottery Winnings

Lottery winnings

Lottery winnings are frequently paid out as annuities to winners over a 5 to 30 year period. For others, an immediate lump sum cash payout is preferable either at the time of winning or at some point in the future.

Freedom - with cash

Strategic Capital provides lottery winners with the opportunity to sell their payment streams in exchange for cash - giving them the freedom to maximize the benefit of their winnings now. Winners may sell all or only a portion of their future payments, depending on their financial needs or goals. For instance, the lump sum cash could be used to purchase a house, cover tuition costs, estate or income tax obligations. We can purchase one payment or any number of payments, in any combination or size. Click here for a free quote.

The following states allow the purchase of lottery jackpot payments from winners for upfront cash:

Arizona, California, Colorado, Connecticut, Florida, Idaho, Illinois, Iowa, Louisiana, Maine, Massachusetts, Michigan, Montana, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Texas, Vermont, Virginia, West Virginia, Washington, Washington, D.C., and Wisconsin.