Well, hmmm...
A million dollars when i was younger would have gone a lot further than it does today.
I would have to say, probably pay off bills, totalling no more than 50k.
Then i would have to say, nothing.
I would have to put the rest in the bank, and hope to get a reasonable rate of return.
Maybe some Bitcoin? LOL...
Maybe some stocks, but. Not too much.
I would probably bank 900k and use the remaining 50k in the stock market.
3 to 5% interest in the bank is safe, maybe some bonds, Roth IRA, annuites...
If I were to spend it, I would end up more broke than before I had the million.
Ive always told my friends:
If you ever win the lottery, dont give me money, I'm bad with money. Just buy me a house and force me to use my own income to save and invest. Also, dont expect me to give you any money either if I win.. I'll be contracting a subdivision for all of us to live. You can choose to move there into your own free house, but thats all I'll be giving you :-)
Upvoted!