Enron, on 04 March 2013 - 01:39, said:
If I got $70 million, I'd just spend $5000 on a gaming PC, quit my job, and not worry about "startups" or popping pills. If anyone asked me for money, I'd tell them I already spent it all on DLC.
I would set myself up with a nice house (not nice as in gigantic mansion....just average in size and price...don't need a fancy house), a decent computer/etc......pay off my immediate families debts and/or buy them a house as well, put 5 million in a savings account (if my math is right, at only 3% interest, that's roughly $150,000 over the first year, and increasing from that) which would be more than enough to live a great life on the interest alone.
Assuming I spent no more than $2 million on 5 houses and paying off all debts, $5 million in the bank, that would leave me with over $60 million that I wouldn't know what to do with. Probably put enough back for my nephews to go to college then put half of the leftovers in savings and the other half in checking.
Would never have to worry about affording a house (and neither would any of my immediate family) or having enough money to buy things that I want.....at $150,000 interest a year, that works out to $12,500 a month, and with no house payment that would be tons of spending money a month without even touching checking or savings.
Or at least, I hope I would be able to manage everything that well if I was given that amount of money....it's all based on how I live right now, and I don't feel like that needs to change much (I've never been disappointed with how I've lived), but given that kind of money will likely change how anyone lives to some extent (as well as their view of "normal" living).