CAN I SELL MY LOTTO ANNUITY
Did you win the lottery? If so, you may be wondering, "Can I sell my lotto annuity?" The answer is yes, you can - and it can also help you save some money and gain even more than you would have if you just cashed them in normally.
The process is fairly simple. All you need to do is hire a company to help you sell it. Once you do that, you will reap the benefits.
What are the benefits exactly? First of all, you will save on your taxes. Most lottery payments require that you take out a considerable amount for taxes.
There are other benefits as well. These include low rates and transaction costs, tax benefits, helps guard against inflation, and in general allows you to maximize your payouts.
When you win the lottery, it can be discouraging to realize that you didn't "win" as much as you thought. Between the taxes and the inflation rates, it can reduce your earnings. Using a service to help you cash in the annuity can really help prevent this.