Prize and award payments are future payments or installment payments individuals may receive when they win prizes from corporations, foundations, sweepstakes, game shows, and casinos.

Prize and award payments are similar to lottery payments in that they are not always paid out in one lump sum. Instead, they may be paid out over a number of years in the form of an annuity. Even though the dollar amount of the prize may be high, when winnings are "rationed" out over time, the installment payments may be relatively small.

Selling future award payments for cash may benefit prize or contest winners who want or need an immediate lump-sum payment rather than a series of smaller payments over time.

Are you receiving payments from prizes, sweepstakes, and casino winnings?  Do you need a lump sum of CASH now instead of waiting for the future payments to arrive?  We can help.

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