These are excellent Streams to sell. Funding Sources like to invest in these type of Income Streams because there is very little risk. Therefore, there is less of a discount, and you stand to make some very good deals. Lotteries, and Tax Refunds are the most common of these Income Streams.
Tax Refunds can be turned into cash now, rather than waiting, by a number of ways. You can take a loan against a Tax Refund if you have enough credit with the Bank. You can file electronically with companies like H&R Block and get your refund very quickly. Or you can sell your Tax Refund to a Funding Source that specializes in this type of Income Stream. Contact us. We will send you to where you can get the best deal, even if it doesn’t make us any money.
Lotteries are an increasing form of Income Stream for some lucky people. However, many lottery winners, as hard as it is to believe, find themselves short of cash in just a few years, and need a lump sum of cash now. Others don’t want the yearly payments; they would rather have a larger lump sum to invest in a business deal of their own.
For instance, as mentioned above, if you win $10,000,000 in a Lottery and get $500,000 for 20 years, you really aren’t getting $10,000,000 in today’s money. If you were able to invest at just 10% you are actually receiving considerably less. In fact, if you had $4,256,781.86 and invested it at 10% you could draw $500,000 a year for 20 years. Or if you had just $1,486,436.28 and you invested it at 10% in 20 years, you would have that same $10,000,000. Regardless, by selling that income stream you could end up with a chunk of change now to reinvest at a higher rate, or buy a company, by contacting a Cash Flow Specialist.
If you were to take that $1,486,436.28 and invest it at 13%, in 20 years you would have $17,128,335.71. It would be definitely in your best interest to sell off your future payments, find a reliable Mutual Fund or two and reinvest that money, don’t you think? Contact your Cash Flow Specialist for ways to improve your lottery winnings.