You Just Won The Lottery - Now What?

[Rain Man]

Assuming the $160 million number, then you're taking the cash value which is about half that, or $80 million. Then you pay roughly 40 percent in taxes, leaving you with $48 million.

I'd give one-third of it away, leaving me with $32 million. That would let me spend rough $1 million a year for the rest of my life.

I'd identify a good new owner for my company and give them a good deal, and I'd retire. I'd do a two-month cruise every year, and also spend a month each in a couple of exotic places like Paris or Sydney or Rio or Kodiak, Alaska. The other eight months, I'd have a personal trainer and a masseuse and a nutritionist/cook looking over me to ensure that I live long enough to enjoy my wealth for decades.

I'd get back into war games and board games and probably learn programming and other fun stuff. I'd take college courses in history and psychology. I'd read a lot. Honestly, I would probably revert back to a lot of the activities I had as a teenager when I didn't have a lot of financial pressures.