Unlike everyone's post I have read so far, I wouldn't blow my money. I would put most of it into a savings account and buy cds (done it with the money I have collected so far from a lawsuit). I would invest in things like bonds, land, and stock. So that when I am ready to retire I wouldn't have to worry about anything. It would really be handy also if I had kids. I could put them through school and give them enough so that they could afford to live on their own when they were ready