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The income stream generated from the winnings from a Lottery or other Monetary Award such as a cash prize or honorarium is often paid over a series of years.
Quite often the payments from these programs are for protracted periods up to twenty-five years or longer.
The conversion of the periodic payments for these types of winnings or cash prizes can be turned into a lump sum payment, or can be tailored to your cash flow needs and requirements through Capital Funding of America by creating a partial purchase of the payments.
Many states prohibit the sale or assignment of such prizes, except in the case of bankruptcy or liquidation of an estate. We will be glad to look into your situation to see if such an arrangement can be available for you.
Those states and territories that permit the sale of lottery payments are as follows:
| Arizona |
Illinois | Montana | Pennsylvania | Wisconsin |
| California | Iowa | New Hampshire | Texas | District of Columbia |
| Colorado | Louisiana | New Jersey | Vermont | |
| Connecticut | Maine | New York | Virginia | |
| Florida | Massachusetts | Ohio | West Virginia | |
| Idaho | Michigan | Oregon | Washington |
Contact Capital Funding for additional information at 1-800-322-5985 or
use this link to our CONTACT
US page.
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