A structured settlement is not an uncommon term, even for most laymen. The term is often evident during lawsuits that involve personal injury or wrongful death. However, the concept of a structured settlement can be expanded further than that.
Lottery winnings can set a person financially for a lifetime or, even more, if it gets to the beneficiaries. Lottery winners can receive their lottery payments according to what they choose. The winnings can either be received in periodic lottery payments or as a lump sum.
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