What do you do with a $1 million after tax lottery winnings?
Suppose you won a lottery of $10 million after tax. What will be the best ways to spend it, save it or manage the money?
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Keep 10% cash, give 10% to your lawyers and accountants as a retainer, give 10% to your Mother or charity, put 10% into a safety deposit box at a bank, take 10% and buy a car for your luck or throw a party and have some hot women show up, then when you are sober invest 40% into stable investments that return 10% a year.