I've thought about this as well quite a bit, b/c you know it IS going to happen and I just want to be prepared.
Note: It was a big lottery winning.
First thing I would do is take 50% and just invest it to make sure I didn't squandor it all.
Now the fun....
- I would buy a nice BIG house in Colorado, possibly the Vail valley. Something either VERY close or on the slopes.
- By another nice property in Sweden. This is where my wife is from.
- A nice sailboat in the Caribbean, possibly docked at our new villa.
- Pay off my parents home.
- Create trust funds for family members.
- Buy enough
DVC points to live at Disney for a month.
- Treat friends and family to all-expense paid trips to different locations (skiing, beach in the Caribbean, Disney, etc...). Tell them to just go to the airport and I'll take care of the rest.
- Create college funds for my kids and all of my neices and nephews.
- probably a car or two.
As far as work, that is a tough one. As much as I would like to just quit and play, I feel I have the obligation to my kids to be a good role model in regards to good work ethics. However, what I might do is quit my present job and buy a ski shop in Colorado and/or scuba shop in the Caribbean and just work there. But I also like my present job and my wife just started teaching again at her dream school, so maybe we would stick it out here awhile longer. If that was the case, then I would take a paycut for more vacation.