Each time my hubby or I invest a big whopping $1 in hopes of winning the lottery, we hold on to just a touch of hope for those life altering funds.
Granted, the odds of winning are rather remote but if we did the good we could do with the money are far from remote. There are many we could assist in a variety of ways which are currently not available to us.
But when you get the lottery winnings, a person may want to look into a structured settlement as an option for a transitional period. Maybe you opt for the winnings spread out over time. Perhaps you are looking for the entire lump sum to get the taxes whacked out of it off the top.
Whichever route you choose, structured settlements do have their place in the financial options because you never know what might hit at an awkward in-between time. As always, reading is the most important aspect before you sign any dotted line.
Also my parents have told me to pick a set of numbers and stick with them. I would not have a problem with that if it weren’t that I keep losing them. Oh well, hopefully I’m one quick pick away from solving a batch of financial issues.
Anah
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