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Lottery Winnings
You can't believe it. You have just
won the lottery and your share is $1,500,000.00!( before taxes) As the
reality sinks in, you begin to imagine what all you can buy with that
extra money. A new house, a new car or pay off all of your bills.
Maybe you are even thinking of telling your boss how you really feel
about him. But, you better wait and think it over very well before you
do something you might regret. Surely you noticed that jackpots are
paid out over twenty years. A few strokes on the calculator will tell
you that you will, each year, for the next twenty years, you will be
receiving a check for $75,000.00 before taxes. After taxes maybe
$50,000.00.( at 0% interest) Enough to quit your job? Maybe. Enough to
quit your job and do all the things you thought you could do with a
million dollars? Hardly.
Have you thought about how much $50,000 a year will be worth ( or
worth less) 10 or 15 years from now? Consider inflation, tax increases
and cost of living increases. Look at what has happened to the price
of cars and houses in the last 10 years. What if you could receive a
lump sum payment now instead of yearly payments for the next 20 years.
Some prize winners (lottery, contest, casino) and other annuity
holders have utilized the services of investors that will buy their
winnings or other structured settlements, thus providing a lump sum
payment that can be used in any manner they wish. They now have some
control over how their money is effected by future dollar eroding
increases. With proper investing of their lump sum pay out, they have
the ability to control their own financial destiny. Some have chosen
to use their lump sum for investing in future interests, starting
their own business or buying the house or farm of their dreams.
This same scenario can apply to personal injury lawsuit awards and
many other structured income streams.
Condor International can assist you with turning your annualized
winnings or other income stream into a lump sum. You can receive a
confidential, no-obligation offer within 72 hours. To find out more: Contact
Us!
There is no obligation to find out if your periodic income stream can
be converted to a lump sum payment. We represent the largest and most
respected companies in the lump sum conversion business. Don't be
mislead by dishonest scams and false claims. We welcome and encourage
you to consult your attorney and CPA before entering into any
agreement concerning your lump sum settlement.
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