Lottery Winnings

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How long does the process of selling lottery, sweepstakes, or casino jackpot winnings take?

The purchase price can be paid in as little as 60 days from the day you complete your sale contract. The process can take longer in some states because of different rules and regulations.


Are there limits on the size of lottery transactions with Peachtree?

Because we are partnered with some of the strongest financial institutions in the world, our capital resources are unmatched in the field. This means we can process transactions from $20,000 up to $100,000,000.


In what states can you complete lottery transactions?

Our lottery transactions are available in CA, CO, CT, FL, GA, LA, IL, IN, MA, ME, MI, MO, MT, NH, NJ, NY, OH, OR, PA, RI, TX, VA, WA, WI, and WV. If you live elsewhere, we may be able to help meet your needs with our other solutions.


Can I sell only part of my future lottery payments?

Yes, we can structure the purchase in whatever way works best for you. For example, we can buy all remaining payments, a partial number of payments or a partial percentage of future payments. We can even arrange to have your future payments stretch further into the future.


Do you charge any closing fees or other costs?

No. Peachtree Financial Solutions pays all closing costs on the transactions. The only fees you may incur would be those paid to your own private attorney or financial planner you use to review the transaction, should you choose to do so.


Will I need to pay taxes on the transaction amount?

It depends upon which state you live in, but in most cases you’ll only pay taxes on the amount you receive in cash, rather than the full amount of your original winnings. Peachtree does not provide tax advice. If you have questions regarding the tax implications of your transaction please consult with your tax or financial advisor.


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