The amount of cash you will get will depend on a lot of factors, including the size of the annuity, and the size and frequency of payments you are receiving. One of the major factors in determining how much your annuity is worth is the then-current interest rate, or discount rate, when you sell.
Your annuity can be a source of cash!
Many annuity holders are not aware that they have options when it comes to selling their annuities and getting the cash they need. If the insurance company that issued the annuity will not allow you to surrender an annuity to them for cash, you can get competitive market rates by selling it.