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Lump Sum Lottery Payment

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Make Your Future Lottery Payments Pay Off Today.

Don't wait for future lottery payments — get your money now. Let AnFed Bank buy all or a portion of your remaining lottery winnings for a generous lump sum.

Why Sell Your Payments/Winnings?

  • Eliminate debt.
  • Buy a home or add to an existing one.
  • Plan for retirement.
  • Invest in business ventures.
  • Pay educational expenses.
  • Provide for unexpected needs.
  • Purchase secure, long-term investments.
  • Avoid paying more tax over time.

Why AnFed?

  • We are a division of BofI Federal Bank, a federally chartered, publically traded and FDIC insured bank.
  • Not only will you have the security that comes with knowing that you are working with a real bank, but you also have the peace of mind that comes with knowing that you are working with some of the most experienced and respected professionals in the lottery prize payment finance industry.
  • We understand how important your payments are to you, and will pay you what they are really worth.
  • Other companies are simply brokers who wedge themselves between winners (such as you) and the financial institutions (such as us) that actually purchase the payments. AnFed Bank cuts out the middleman — so you get more money, and you get it faster! Why pay a broker when you can go direct?

Call Now.

Ask the AnFed Bank experts how we can help you. Call us today or fill out the form to the right and we will contact you.

Do I have to sell my entire lottery prize?
No. AnFed Bank can purchase all or a portion of your prize depending on your financial needs. AnFed Bank custom tailors each transaction to meet our client’s specific needs. Call (855) 88 AnFed today to speak to an AnFed Bank representative and find out which solution is best for you.
How long will it take to convert my lottery prize into a lump sum?
Because a court has to approve the sale of your payments, the amount of time it takes to complete a transaction depends on the court and state in which your payments are being assigned. At AnFed Bank we understand that sometimes people need cash right away, so many times we are able to advance a portion of the funds in as little as a few days after you sign a contract with us. If your need for cash is immediate, call an AnFed Bank representative today at (855) 88 AnFed and ask about getting an advance on your transaction.
Do I have to pay tax on the lump sum I receive from selling my Lottery Prize to AnFed Bank?
Selling your lottery prize payment is generally a taxable event, but the amount of the taxes that you will actually be required to pay depends on your individual tax situation. In all cases, however, you will no longer have a tax obligation on the portion of payments you have assigned. AnFed Bank also offers a unique loan product exclusively for lottery winners. Taking a loan is not a taxable event. We will be happy to discuss these options with you and your tax professional. Please note that nothing in this website is intended to constitute tax advice. Neither AnFed Bank nor Bank of Internet USA provides tax advice of any sort. AnFed Bank encourages you to consult a qualified tax professional before making any financial decision.
Can I use my lottery prize as collateral for a loan?
Yes. In addition to purchasing lottery prize payments, AnFed Bank offers a unique loan designed exclusively for lottery prize winners. Call (855) 88 AnFed today to speak to one of our representatives and see which option is better for you.
What if I have previously sold some of my lottery payments to another company? Can I sell more now?
Absolutely. Many of AnFed Bank’s customers come to us after doing business with other companies.
What about those sites that offer quotes from multiple companies?
Web sites that offer multiple quotes from competing companies are basically brokers for brokers. Our goal at AnFed Bank is to cut out the middle man, not add an extra one. When you work with AnFed Bank, you have the benefit of working directly with the financial institution that will purchase your payments.
Do you charge any closing fees or other costs?
Absolutely not. Other companies claim to offer the best price, but then tack on hidden fees. With AnFed Bank, there are no hidden fees and no surprises, just the best price.
Do I need to have good credit or a job to sell my lottery prize payments?
No. We work with lottery winners in all financial situations. If your credit score is not what you would like it to be, we will be happy to work with you to improve it. Don’t forget that we’re a division of a federally chartered bank. Your financial wellbeing is always our top priority.
How much is my lottery prize worth?
The value of your future payments depends on several factors, including the state in which you won, the size of each payment, and the timeframe in which the payments are scheduled to be received. For example, a $50,000 payment due tomorrow is going to be worth more than a $50,000 payment due in ten years. Call AnFed Bank today at (855) 88 AnFed and one of our representatives will be happy to calculate the value of your remaining payments. Of course, there is no cost or obligation for this service.

Top-Ranked Rates, Just For You

At AnFed Bank, we keep overhead costs down to provide you with more free services and competitive rates. That's why AnFed Bank customers enjoy competitive savings account rates.


Account APY* Rate
High Yield Savings 0.61% 0.61%


Balance APY* Rate
$1-$9,999 0.75% 0.75%
$10,000-$24,999      0.75% 0.75%
$25,000-$49,999 0.75% 0.75%
$50,000-$99,999 0.75% 0.75%
$100,000 + 0.75% 0.75%
Open An Account

Our Interest Adds Up. See For Yourself

How fast will your dollars add up with generous AnFed Bank savings account rates? Our easy-to-use interest calculator can show you. Take a look, then open an account to start earning right away.

More Calculators

What will it take to be a millionaire?

What do you want to know?

AnFed Bank is here to make your banking experience as simple and convenient as possible. If you have any questions about the High Yield Savings account, chances are, we’ve answered them here. You can access a more comprehensive list of FAQs by clicking here. Alternatively, you can ask us a question by contacting us here.

What is the difference between a AnFed Bank High Yield Savings account and Money Market Savings account?
Click here to see a comparison. In summary, the main differences are the added features of limited check-writing abilities, inter-banking transfer and online Bill Pay functionality for the Money Market Savings account.

What information do I need to open a AnFed Bank High Yield Savings account?
You will need the following information to complete an online application:
  • Your social security number along with a valid US driver’s license or state-issued identification
  • Your primary contact information, including mailing address, telephone number(s) and email address
  • The details of the account you are transferring money from to open this account – you will be making your initial deposit electronically.
  • If this is a joint account, we will need the above information for each account owner.
Click here to open an account
How do I fund an account?
An account can be funded in one of the following ways:
  • ACH instructions may be entered into the account application
  • Deposit checks with BofI Federal Bank’s mobile app or scan a check via MyDeposit in Online Banking
  • Have your financial institution initiate a transfer of money to our Bank. The BofI Federal Bank ABA/Routing Number is: 122287251
  • Mail a check to: AnFed Bank, P.O. Box 509127, San Diego, CA 92150-9948
  • Wire funds from another institution
Who do I make checks payable to when depositing to my account?
You can make your check payable to AnFed Bank or to yourself. In addition you can endorse the back of the check “For Deposit Only” followed by your signature and the account number.
How can I make a withdrawal from my High Yield Savings account?
  • You can transfer funds between AnFed Bank accounts using our convenient Online Banking or Mobile banking facilities. We recommend you open a Rewards Checking account for easy transfer and to maximize your rate rewards!
  • You can initiate an electronic withdrawal from another bank
  • You can complete an ATM withdrawal (daily limit $310)
  • Federal law limits the number of withdrawals and transfers from all U.S. savings and money market accounts to 6 transfers per statement cycle. For each transaction that exceeds this limit, a fee will apply
Is there a limit to how many withdrawals I can make from my savings account per statement cycle?
Federal law limits the number of withdrawals and transfers from all U.S. savings and money market accounts to 6 transfers per statement cycle. For each transaction that exceeds this limit, a fee will apply.
What ATMs can I use to withdraw cash?
You can use any ATM nationwide – any brand
What are the ATM cash withdrawal daily limits?
You can withdraw up to $310 each day, subject to having an available balance in your account.


“ Thank you so much! You and Anfed have gone above and beyond to provide the absolute best service I could ask for. You beat everyone in price, you beat everyone in service and web visibility, and you provided the level of personal attention that was needed over this long drawn out process. Because of the personal attention you've put into this project, and the fact that I think the BofI Federal Bank and Anfed are built right for the new age, I will absolutely be pursuing a home loan when the time comes for that. ”
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Bank products and services are offered by BofI Federal Bank. All deposit accounts through BofI Federal Bank brands are FDIC insured through BofI Federal Bank. All deposit accounts of the same ownership and / or vesting held at BofI Federal Bank are combined and insured under the same FDIC Certificate 35546. All deposit accounts through BofI Federal Bank brands are not separately insured by the FDIC from other deposit accounts held with the same ownership and / or vesting at BofI Federal Bank. For more information click here.