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Tag: lump sum

  • Central Florida Man Wins $50,000 a Year for Life from Scratch-Off Game

    Central Florida Man Wins $50,000 a Year for Life from Scratch-Off Game

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    A Central Florida man won $50,000 a Year for Life scratch-off game from the Florida Lottery.

    41-year-old Edin Galindo chose to receive his winnings as a one-time, lump-sum payment of $815,000. He claimed his winning ticket at Lottery Headquarters in Tallahassee.

    The Tampa winner bought the winning ticket at a Quick Mart located at 2209 East Bearss Avenue. The store will receive a $2,000 bonus commission for selling the ticket.

    According to the Florida Lottery, the $2 scratch-off game offers over $52 million in cash prizes. There are a total of eight top prizes of $50,000 a year for life.

    The overall odds of winning are 1-in-4.43.

    Scratch-off games are an important part of the Florida Lottery’s portfolio of games, comprising approximately 72 percent of ticket sales in fiscal year 2022-2023. Additionally, since inception, scratch-off games have awarded more than $61.9 billion in prizes, created 2,103 millionaires, and generated more than $18.95 billion for the state’s Educational Enhancement Trust Fund (EETF).

    The Florida Lottery is responsible for contributing more than $46 billion to enhance education and sending more than 983,000 students to college through the Bright Futures Scholarship Program. The Florida Lottery reinvests 99 percent of its revenue into Florida’s economy through prize payouts, commissions to more than 13,500 Lottery retailers, and transfers to education. Since 1988, Florida Lottery games have paid more than $94.2 billion in prizes and made more than 4,000 people millionaires.

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  • Rising Capital Associates Recognizes Employee, Jay Wehrenberg, for Helping Out the Most Customers in a Single Year

    Rising Capital Associates Recognizes Employee, Jay Wehrenberg, for Helping Out the Most Customers in a Single Year

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    Press Release



    updated: Feb 23, 2017

    Rising Capital Associates, a leading structured settlement purchaser and annuity buyer, is paying tribute to a top-achieving employee within the company. Jay Wehrenberg was recognized for helping out the most amount of customers in a single fiscal year.

    Jay worked one-on-one with his clients to come up with strategies that ensured their money was utilized in the best possible way. He assisted a customer in starting his own food truck business through opting for a cash settlement. Jay also helped a customer expand a family-run business in where the customer required additional monetary help in order to bolster the operation.

    When an individual opts for a structured settlement, he or she is deciding to spend funds alternatively. This is especially wise for those who want to invest the funds into something that they’ve always wanted, or assist in paying off outstanding debt. Structured settlements are also very helpful when it comes to funding retirement and assisted living accommodations.

    For those looking to sell their structured settlement and want the most helpful advice on the marketplace, contact Rising Capital Associates today for a free quote by visiting http://www.rcapitalassociates.com/ or calling 866-444-5061.

    About Rising Capital Associates

    Rising Capital Associates has over 30 years of combined industry experience in the life settlement market. The company focuses on working with you to find a solution that meets your financial needs. They help customers with structured settlements and annuity purchasing, and have a 100 percent satisfaction guarantee. Rising Capital Associates is dedicated to providing clients with the best lump sum purchase for your structured settlement, annuity, or lottery payment.

    For more information, please visit http://www.rcapitalassociates.com/ or call 866-444-5061.

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    Source: Rising Capital Associates

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  • Rising Capital Associates Announces ‘Structured Settlements’ Scholarship

    Rising Capital Associates Announces ‘Structured Settlements’ Scholarship

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    Leading Structured Settlement Company Offers $1000 Scholarship to Undergraduate and Graduate College Students

    Press Release



    updated: Dec 1, 2016

    Rising Capital Associates, a leading structured settlement purchaser and annuity buyer, is giving a $1,000 scholarship to one student to assist them with their post-secondary education costs. The Rising Capital Associates Structured Settlements Scholarship is open to any student enrolled in an undergraduate or graduate degree program by September 1st, 2016 at any accredited U.S. college, university or institute.

    Each applicant must submit an essay of 2000 words or less, answering the question, “If you were offered a million dollar lump sum today, or three million dollars paid monthly over the next 30 years, which would you choose and why?” The essay must be submitted via an online form by Dec. 31, 2016.

    “We know that college can be expensive. We want to assist in making it a bit easier for students to focus on their studies by offering a scholarship to assist with school-related expenses.”

    Gina Tedesco, Rising Capital Associates

    The winning essay will be judged on the following criteria: content, style, creativity, and how persuasively the applicant presents his or her point of view. After the deadline of December 31, 2016, all entries will be reviewed and after review, the winning essay will be selected by a panel of three judges. All entries must be entered through the official Rising Capital Associates Structured Settlements ​Scholarship submission form.

    “We know that college can be expensive,” said Gina Tedesco at Rising Capital Associates. “We want to assist in making it a bit easier for students to focus on their studies by offering a scholarship to assist with school-related expenses.”

    The applicant of the winning essay will receive a one-time scholarship of $1,000 to be applied to school-related expenses including tuition, fees, books, and on-campus room and board.

    About Rising Capital Associates

    Rising Capital Associates has over 30 years of combined industry experience in the life settlement market. The company focuses on working with you to find a solution that meets your financial needs. They help customers with structured settlements and annuity purchasing, and have a 100 percent satisfaction guarantee. Rising Capital Associates is dedicated to providing clients with the best lump sum purchase for your structured settlement, annuity, or lottery payment.

    For more information, please visit http://www.rcapitalassociates.com/ or call 855-805-3863.

    Source: Rising Capital Associates

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