How can I receive all my lottery money at once even if it is divided?

I won the lottery! Woo-hoo! But it’s divided so I only get a little bit each year. Is there anything I can do to get all the money at once?

It’s your lucky day, not only did you win the lottery, you CAN get it in one large lump sum. The way normal settlements work, and this applies to lotteries, lawsuit claims, any large contractual amount, is you receive your funding in stages. Say you won $25 million; it could work out that you would receive $1 million a year for 25 years. If that works for you, then great! Enjoy! If you don’t want to wait the 25 years, or if you find that $20 million dog collar too hard to resist, then there is a way to speed up the entire process and claim your money now. Private lending institutions like some credit companies provide a service of structured settlements. You sign with them and the institution will give you all the money right on the spot! However these places usually take a little off the top for commission, so you might end up with $24 million instead. So basically it’s up to you, do you want $25 million at the end of your life, or $24 million now?