LOTTERY ANNUITY PAYMENT CALCULATOR
Have you ever wondered how much your lottery winnings are worth today? Or, have you ever wondered how much of a lump sum payment you could receive today, if you were to sell your future lottery payments? Our lottery annuity payment calculator helps you find out the present value of your annuity. On top of that, we pay the most cash for your annuity payments.
Generally, for lottery payments, the present value of your annuity decreases over time. This happens because each time you receive a lottery payment, the fewer lottery payments you have remaining. Thus, the longer you wait to take the lottery buyout option, the smaller lump sum of cash you’ll be eligible to receive.
The lottery payment calculator above provides you with an easy step-by-step process to show you how you can calculate your annuity payment. That’s it… That’s all it takes to calculate the present value of your annuity. Remember, the present value of your annuity constantly decreases with time, so be sure to use the lottery payment calculator at least once a month to check the updated present value. Or, simply create a free account to get updated automatically on the present value of your annuity.
WHAT DOES PRESENT VALUE OF ANNUITY MEAN?
Simply put, the present value of your annuity is how much your annuity is worth today.
WHAT DOES THE LOTTERY PAYMENT CALCULATOR TELL ME?
The lottery payment calculator tells you the present value of your annuity. The present value of your annuity is determined using the current government rate for determining the present value of annuities. This government rate changes every month and could either increase or decrease the present value of your annuity.
CAN I SELL MY LOTTERY PAYMENTS?
The rules in the state where you won the lottery, not the state where you reside, determine whether or not you can sell your lottery payments. If state laws allow, you can choose to sell only a portion of your lottery payments or you can sell the entire annuity. Selling a portion of your lottery payments leaves you with a steady stream of income in the future, but selling the entire annuity gets you more cash now.
NOTE: THE PRESENT VALUE OF YOUR ANNUITY IS NOT THE AMOUNT THAT YOU WILL GET IF YOU DECIDE ON A LOTTERY BUYOUT. THE PRESENT VALUE SIMPLY REPRESENTS THE CURRENT VALUE OF YOUR ANNUITY ACCORDING TO THE CURRENT GOVERNMENT RATE FOR DETERMINING THE PRESENT VALUE OF ANNUITIES.