The method to create a secondary market using a web auction to price annuity payments comprises of an initial owner, a payor, an entity, an intermediary advisor, an annuity, and a lump sum of money. A plurality of payments is a fixed sum of money. The method also includes a method to create a wide area network, which comprises of a market price assessment module of web auction technology. The market price assessment module comprises of web auction technology comprises of a database module and a due diligence module. The due diligence module comprises of a buyer module, a seller module, and a bidding module. The buyer module comprises of the initial owner, the payor, and a source of funds. The seller module comprises of a copy of annuity, a credit report, an affidavit, and a uniform commercial code filing. The bidding module comprises of a reverse financial pricing engine.