Lottery Losers
Despite a tremendous effort on my part, I didnt win the lottery. The past few months the Florida lottery ran a Nascar promotion. I bought a tickt every day for 3 months, not to win the lottery, but to win the nascar promotion! No luck for me.
Here are some other lottery losers:
OKLAHOMA CITY State lottery officials are warning players of the “Trucks and Bucks” game of a scam that tells them they’ve won a truck.
Several people report getting a pre-recorded phone message encouraging them to call lottery officials because they’ve won a truck.
But the Lottery Commission says the number provided in the message is not associated with the state lottery.
According to a pair of surveys commissioned by the Consumer Federation of America and the Financial Planning Association last year, a sizable portion of the American public is convinced that the best chance of acquiring real wealth is through winning the lottery. An even larger portion of the populace believes they will never amass even $200,000 over their lifetimes.
Does Credit Score Matter
Your Question:
I have really bad credit. Does that mean I can’t get an advance on my settlement?
Our Answer:
Your credit score isn’t an issue. Here are some things that might be:
significant tax leins
unpaid child support
While you can still get an advance, the monies you recieve must first go to the taxes and owed child support.
Bad credit is usually an indication that your finances have become a burden and that is a good reason to get an advance on your future payments.
How long does it take?
Your Question: I applied for your services yesterday how long do i have to wait?
Our Answer:
Excellent question. Waiting isn’t easy. If you are a:
Presettlement advance client 7-10 days for an answer
Structured settlement/annuity transfer client (Long answer)
The wait varies by state but approx. (2) days to get disclosure (3-10) days to get the transfer agreement. (30-60 days) for a completed court order and acknowledgment by the insurance company. (1) day to get your money. Time frame averages between 5 weeks and 3 months.
Lottery clients 1-2 months to complete transfer (Advances are available within 3 days)
If you mean you contacted us and are waiting to hear back from us. We respond almost immediately during the business week. If you have any questions, please call 1-800-938-6400
A check in the mail
Your Question:
received letter and check, can i cash it
Our answer:
No idea. We don’t usually send out checks with 3 exceptions.
1-You are a customer and requested a check instead of a wire transfer…then yes.
2-You recieved or kept some old mail. We used to send out “check mailers” because they were a great marketing tool.
3-You are a lottery customer. We very rarely send out a check but when we do it is a cashable $250 check. This is essentially a payment to lottery customers for the rights to be the company to pay them an advance if/when they choose to seek an advance.
Our competitors are often sending out check mailers. We have moved past that method since we decided as a company that check mailers did not represent our company well as they could be viewed as a deception. We have no intention of misleading anyone.
What we do is pretty straightforward. Need an advance on your future payments? Do you have a structured settlement? Contact us.
California Compensation
Your Question:
I have a State Compensation Insurance Fund settlement from California. I was injured while working as a Highway Patrol officer, is that something you can work with?
The answer is:
Unfortunately we do not work with California Work related accidents. The State has specific laws prohibiting the sale of these types of benefits.