Rogue Idea

So I ran across this website where this company is a buyer of structured settlements. This basically means that when you get a form of long term payments from something like a lawsuit or lottery winnings you can sell these payments for the total amount and get the money now instead of in small payments. You can get cash for annuities too and can choose to sell the total amount or just part of it to get cash right faster (probably still takes a few weeks to do all the paperwork though).

I wonder if its better to get the money right away or later though since Frank mentioned that his grandmother had won the lottery before and is still getting payments every week so that’s a good amount of income for her. They said something like shes gotten over eight hundred thousand so far or something. Of course back then when she won the lottery this was an insane amount of money already. I guess the cash for settlement option would be good in case of emergencies or if you want to get the money out to invest in something else immediately, plus they give you quotes so you’ll know how much it will cost you and how much you can get before you do it.