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Against All Odds?


Effects of long-term payment

Chances to win the Powerball jackpot:Roughly 18 million to one

So, to those who win any large sum lottery, congratulations! You've beaten the odds, time to kick back and hope your probability shattering record doesn't continue into chances of being struck by lightning. Unfortunately, many winners never really get to see their cash. The winnings are chopped up into small installments over many years and make almost no significant effect on the welfare of the winner. Not only do the small installments not assist on bills and long-term payments, the money value depreciates significantly over time. This can be seen as how a new Aston Martin in 1950 cost less than $2,000 and a new 2008 Aston Martin DBS costs $265,000. The inflation rate isn't going to halt and wait for your installments to come through so why should you? Lottery winners can benefit exponentially in much, much shorter time by consulting a settlement firm and get their cash towards what they need. And the odds that people like more money in shorter time....well you can do the figures for that.



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Posted on November 06, 2008 01:13:05 by CM.Holden - View Profile

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