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FAQ
Q. How fast is a lottery/or contest prize close?
A. Typically, the purchase price will be paid within 90-120 days from receipt of a completed contract of sale.
Q. Are there limits on the size of the lottery transaction?
A. Peachtree Funding has virtually unlimited financial resources for lottery transactions. We can process a transaction from $20,000 to $100,000,000.00
Q. In what states can you complete lottery transactions?
A. CA, CO, CT, FL, GA, LA, IL, MA, ME, MI, NH, NJ, NY, OH, OR, PA, TX, VA, WA, WI
Q. Would you buy only part of my future lottery payments?
A. Yes, we can structure the purchase in multiple ways. For example, we can buy all remaining payments, a partial number of payments or a partial percentage of future payments.*
Q. What rate of discount do you typically use?
A. Peachtree Funding’s lottery purchase rates are the most competitive rates in the industry. Rates vary based upon the type and structure of the transaction, the particular characteristics of the lottery annuity, the term of the payments, the state, and other considerations.
Q. Do you charge any closing fees or other costs?
A. No. Peachtree Funding pays all closing costs of the transaction. The only fee that the lottery winner may incur is a fee paid to their private attorney or certified financial planner to review the transaction.
