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As soon as you present your winning lottery ticket, the process should begin. After that, it can take from one week to several months to get your first payment. You may be required to take several payments. +1 vote! If you get it from a store, it should take about 2 weeks.
The difference turns on the kind of check that Wells is sending. Wells is sending something that is akin to a certified check. The payment leaves your account as soon as Wells processes it. A spokesperson told me that this would usually occur in 24 hours. The money will arrive five business days later. The timing is one hundred percent guaranteed. That is different from the paper checks sent by Wachovia. Although they would be mailed postdated, there is nothing that would prevent the recipient of your check from cashing it as soon as he or she got it. At first blush, the Wells Way, seems unsatisfying.