You’ve just won $1 billion dollars in the local lottery. You do not have to pay tax on your winnings. How will you spend the money?
First I would help several charities that need funding to help my family’s different medical problems. So many have no cure.
Then I would pay my families debts off and mine including the student loans I had to defer when I became disabled. Then I would give each of them an amount to start living now as debt free.
I need a home, nothing large and elaborate. I hate cleaning don’t need a large space, plus used to living in a tiny space for 12 years now. I would love one of those tiny homes they advertise and a small piece of land.
I would get a new car. Mine is at the point of needing lots of repairs and I can’t go forward with them at this point.
The rest I would save and try to live off the interest.