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How long to receive lottery winngs

How Long Does It Take To Receive Your Lottery Winnings?

Great news! You’ve won the lottery! You’ll now have time to think about how you are going receive your money (lump sum or annuity) and how you are going to spend it. How much time do you have to think? Once you have signed your lottery ticket and either mailed your claim or taken it…
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Splitting the Structured Settlement: Things to Know When Going Through a Divorce

Going through a divorce can be a difficult time in a person’s life, but you are not alone if you are experiencing this. About 41% of first marriages end in divorce, and the numbers are even higher for second and third marriages, at 60% and 73% respectively. As well as being emotionally taxing, a divorce…
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Selling Your Structured Settlement Annuity to the Right Company

You have a structured settlement annuity. You have decided to sell some (or all) of your payments. Deciding which company you should consider selling to is one of the most important choices you can make. Remember, these are your needs, so you should shop around to find the best fit. The structured settlement market is…
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Real Life Lottery Winner Stories

In the United States alone, lottery players spend more than $70 billion dollars on tickets each year, even though the odds of winning the lottery—the Powerball, for example—are only about 1 in 175 million. And of those lottery winners who do hit a large jackpot, most of them will not end up wealthy over a…
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What Happens After I Sell My Structured Settlement Payments?

If you are selling your structured settlement for a cash payout, or you are considering selling your settlement, you may have questions about what happens during and after the process. Here is a quick look at what to expect after you have negotiated a sale of some or all of your structured settlement payments. How…
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SenecaOne Part of TX Structured Settlement Privacy Legislation Change

Last week, Texas ushered House Bill 3356 into law. The first bill of its kind in the U.S., HB 3356 offers increased protections to the identity of structured settlement annuitants contemplating the sale of their payments. This bill, which received overwhelming support amongst Texas lawmakers—passing by 143-1 in the House of Representatives and 31-0 in…
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Saving on a Fixed Income

If you mostly rely on your structured settlement annuity payments or your lottery prize annuity, then you are living on a fixed income. This simply means that these guaranteed payments make up the majority of your annual earnings. Oftentimes, retired people also will live on fixed incomes that the bank is paying out as a result…
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The Rule of 72 Made Easy

If you have an investment, or are worried about inflation, you probably assume that there is probably a fairly complex equation—or even set of equations—to figure how long it takes for your investment to double or how inflation will chip away at your nest egg. You are correct, there is. But there is a simpler…
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Should I Take out a Home Loan or Sell My Structured Settlement?

If you are among the 80% of Americans who currently has debt, you are probably looking for a way to pay what you owe as quickly as possible. If you own a home or receive structured settlement annuity payments, you have the option to use funds from either source to get rid of unwanted credit…
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How to Choose A Financial Advisor

If you receive payments from a structured settlement, ensuring that your payments serve your needs best is a primary concern. Depending on the size of your settlement, you might want to invest some of it—and that’s where a financial advisor can play an important role. There are many economic factors related to investments that are…
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