When I was younger a couple of my friends got involved in a car accident. It wasn’t there fault and two of them got injured. One of the persons actually was killed. The two people who got injured ended up receiving a settlement offer. One of them was a male the other a female. The male took a Structured Settlement. This way he was paid off in one large lump sum. The female was a minor at the time and her mother didn’t want her to take the money at once. It turned out she had to wait to get her money over 20-30 years. She only got about $2,000 a year. How is this going to impact your life? It wouldn’t to me.

The male got around $50,000 cash one time payment. This is a nice down payment on a house. You could take that 50k and make some serious return on your money if you know what your doing. For example Warren Buffets share holding company had a 22% return this year. If you would of invested in Google at the beginning you would have some serious cash. If you win the lottery you can also use Structured Settlements Usually the people or companies that give you these settlements use your money and invest it. So its better you get it right away and you make the money from investing your money. I would. Its the smart thing to do.

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