Investing 5 mil right away so I don't waste it, then buying land (1 mil), and building a nice house on it (1-1,5mil), buying a new nice apartment (1mil), renovating mom's and dad's apartments, buying 2 new cars for me, a new car for dad, and something nice for my loved ones, what's left I'd spend on vacations, hookers, coke and steroids.
I would have one of the most extensive harems of robot sex dolls that 10 million dollars (minus taxes and lump sum cut) would allow. I might put a mill or two away to invest in a high-interest money market account because...
I had a client win 6 million on a scratcher, so i was doing tax planning. He is young so the money will not afford for him to retire. I told him to not touch it and invest it and then maybe in 10 years you can think about retiring. He wants to start a house flipping business. So I guess it will be gone in a few years.
Winter is coming!
Animal sanctuary, and paying people who work there a livable wage. Not even remotely a question.
Hire a camera crew and have them film me as I donate all the money to charity.
That way everyone will love me and when they see me begging on the street they'd be more likely to give me a dollar.
You are thinking pre-tax money. In his situation after taxes on a 6 million ticket it was closer to 4 million or so can't remember the specifics. He could bring in some could money. I told him to get a job and don' expose yourself as a business owner and put it in the market for a few years before you spend it. I hope it out lasts his spending habits.
