I'm battling a chronic illness that is very expensive to fight. So are a lot of people I know. I'd help out as many as I could. Also, any child related to me that wanted to attend college would be able to. And I'd hang onto enough to not have to sweat bills for the rest of my life.
I'd buy the biggest piece of land I could find that wasn't EVER going to be attractive to developers of any kind. Build an all weather road to a clearing, build a small shed with large verandahs, have rain water tanks, a fuel stove for hot water, heat and cooking - alternative energy source - two good dogs, a 4WD drive vehicle. No traffic lights, no street lights, no noisy neighbours - compatible OK. A dream is a dream is a dream.
It would be a miracle! I don't play the lottery.
Hah. Likewise. The lottery is a tax on the stupid. That being said, I can't say that I've NEVER purchased a ticket.
First step- Hire an accountant, an investment broker and a tax attorney.
Second step- Invest, invest and invest some more.
Third step- Change nothing about my lifestyle for at least one year, until the monthly interest gained from investments allows me to live comfortably (but not extravegantly) without touching the principle.
Fourth step- Invest some of the principle in to a modest condominium in either Thailand or Costa Rica and retire.
I am retired so I don't need much for myself. I would pay off my daughter's medical school debts. I would put aside money to pay for my niece's college education. I would offer to help my brother and sister-in-law in their retirement. I would put a big chunk into a donation to Planned Parenthood. I'd also spend on politics and politicians to try to undo some of the damage I feel has been done to our country in the last year and a half. Then I'd maybe buy myself a new house.
Travel the world, after I have seen an accountant and a tax attorney. No kids, but a few notable people in my life would benefit, plus Habitat for Humanity.
With enough money a small private jet, one that you can fly single pilot, and a lot of time at Flight Safety getting proficient!
Become a sugar daddy?
Consult with a tax attorney. Set up corporations to move assets into along with tax shelters & tax deferred annuities for my grandkids. Pay off all mine & my kids debt. Set each of them up in business. Set up my business & invest in a couple of other people who have viable businesses on a small scale. Travel 3x per year for my business to look at diferent models & lines to possibly incorporate into the business model. Perhaps set my "headquarters " in Ireland since they have a very business friendly tax rate.
Id donate half or so to different programs I like. Live off the other half doing whatever I want within reason til I die and make sure family and friends get taken care of adequately. Prolly go overseas and do a lot of humanitarian work.
Start an education trust fund for all the kids in my family. Change my name and go on permanent vacation.