Posted: Oct 25, 2013 6:53 am
by babel
I'd spend it in paying my bank loans on my house, that of my sister and my wife's brother.
For most people, that's a nice thing to have.

Then, keep some of it in a bank, as some personal safety net.
I'd certainly keep working, to some extent.
And the rest, which would probably be at least half of it, would be used to purchase real estate. Maybe six or seven nice houses that I would put in the market at a very low rent. Education/employing people is very important, as Fenrir said, but I'm not sure I can provide that to people, but providing them with affordable housing is a nice second best.