$1million dollars:

1) pay off remaining balance on house(80k).
2) settle debts
3) invest $50-$100K into one particular company i'm already looking at.
4) place $200k into my personal account.(for current car, new DD /whatever dumbness may occur, with this newly recieved casheesh)
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that totals about: $400K taking care of immediate personal crap
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$600k remains.......i'll place that into an interest bearing account. and get with a financial planner/advisor to ensure i dont waste the rest.