When Will I Get Big Fish Settlement Payout

When Will I Get Big Fish Settlement Payout?

If you are one of the millions of individuals affected by the Big Fish settlement, you may be wondering when you will receive your payout. The settlement, which was reached in August 2020, resolved a class-action lawsuit against Big Fish Games, a popular online gaming company. The lawsuit alleged that the company’s virtual casino games constituted illegal gambling under Washington state law.

While the settlement offers relief to affected players, the process of distributing the payouts can take some time. Here is what you need to know about when you can expect to receive your Big Fish settlement payout.

1. What is the status of the Big Fish settlement?
The settlement has been approved by the court, and the claims process is currently underway.

2. How long will it take to receive my payout?
The exact timeline for payouts is not yet known. However, it is expected that payments will be made within the next few months.

3. How will I be notified about my payout?
If you are eligible for a payout, you will receive a notice via email or regular mail. The notice will provide instructions on how to claim your settlement.

4. Do I need to take any action to receive my payout?
Yes, you will need to submit a claim form to receive your payout. The claim form will be provided to you along with the notice of your eligibility.

5. What if I did not receive a notice about the settlement?
If you believe you are eligible for a payout but did not receive a notice, you can contact the settlement administrator to inquire about your eligibility and obtain the necessary claim form.

6. How much will I receive as part of the settlement?
The exact amount of the settlement payout will depend on various factors, including the total number of eligible claims and the amount of money available for distribution.

7. Will I receive my full losses back?
It is unlikely that claimants will receive their full losses back. The settlement funds will be divided among all eligible claimants, resulting in a proportional payout.

8. Can I appeal the settlement if I am not satisfied with my payout?
No, once the settlement is approved by the court, it is generally not open for appeal. The terms of the settlement are binding on all parties involved.

9. Will my payout be in cash or credits?
The settlement provides for cash payouts, not credits or virtual currency.

10. Will I be taxed on my settlement payout?
It is advisable to consult with a tax professional to understand the potential tax implications of your settlement payout.

11. Can I still participate in the settlement if I live outside the United States?
Yes, the settlement is open to eligible individuals worldwide, not just those residing in the United States.

12. What if I have additional questions about the settlement?
If you have further questions about the settlement, you can contact the settlement administrator. Their contact information will be provided in the notice you receive.

While the exact timeline for the Big Fish settlement payouts is uncertain, rest assured that efforts are being made to distribute the funds as efficiently as possible. If you believe you are eligible for a payout, be sure to keep an eye out for the notice and promptly submit your claim form.