Lets say your great uncle passed away and left $1,000,000 to you...

[HotMonkey]

What would you do with it? I would probably pay off any bills that needed it first, fix up my home the way I want it, then put the rest in my retirement fund. It pays to plan ahead right XD?

[sexykunal]

i would set aside 100,000 for charity and use some to give my parents a round the world trip on first class in the best of hotels. then use some to buy a house, a car and whatever's left i will invest

[magarmuch]

i would set aside 100,000 for charity and use some to give my parents a round the world trip on first class in the best of hotels. then use some to buy a house, a car and whatever's left i will invest

Family Guy huh... I like it. I would do the same. Just that I will also go with my parents and my partner on a family trip round the world. I would also buy a house on the hills as a retreat. The rest I will save up for emergency use.

[mbuna]

Well after 40% goes to taxes, you'd be left with 600k.  :-)  Thanks Uncle Sam!

I'd probably put 300k away for the kids schooling and their inheritance and use the rest to pay off my house and other debts.

[rishixrich]

If my uncle will passaway leaving $1,000,000 then i will do these things and enjoy my life.First i will make a home for myself on a beautiful hill,and will shift to that place .After i will start giving money on interest and will enjoy rest of life.

[BoutiqueMusic]

Wow, you guys are awful conservative.  No one mentioned a Ferrari or even a Corvette.  I can see paying bills but kids education?  I say let them get good grades and apply for scholarships and student loans.

Actually, because it is your Great Uncle and not one of your birth parents, you will pay a little more in taxes.  The favorable rate is for Class A heirs.

OK, maybe invest 100-150k in an annuity, but the rest is fun and games!

[andrew]

that amout of money it be about saving some you want to just splash out on big thing's i would put some money aside have a big hoilday buy a nice house but would make sure i had at least half left

[rayww]

This is really a huge amount, i will use it for pay-off some debts.
Planning for invest and fixed deposit will be the good choice.

[fernip]

I think i would buy myself a lovely house and have a round the world trip and then a majority of what ever was left over i would put into a high interest savings account. Pretty boring and predictable i know but if it was a bit more i would probably splurge some more but in this day and age a million doesnt really go as far as you might think!!!

[sikander]

I shall spend some on charity and shall save other for my kids because I want that my kids would say," Dad has left a lot for us". That would be great for me.

[sizzle]

First I'd convert the $ to my local currency in black market rates to people needing the foreign exchange.  Then I'd invest by buying property & fixing it all up a bit.  Then I'd rent or sell the property to foreign investors (so they will have to pay in Euros or Pound Sterling).  With the profits and supply of cash from the houses I'm renting I'll travel around the world in luxury.

[Slay]

Oh, i'll probably take a 100 grands out of it to screw around and put the rest in a fixed account at the bank for a long period of time, where i could get 20-25% interest on my investment per year.

[McLeron]

There's always one who invests. Clever. I would, in a perfect worl take all my friends on a cruise, but they would probably get twisted by the cash and turn into money hungry s, so I would, in real life, keep it a very close secret

[sizzle]

What's weird is this: you know how some people say a million dollars is actually a lot more than people even need in their lifetime? A million dollars isn't much esp. if you're thinking of traveling the world, buying a car and then buying a house.  I don't even know if a million dollars can buy all that...?