I'd use some of that to invest in MF, some of that to make FD's so earn more from it and make my future worryfree DON.
You gotta be kidding me. As for me, I would invest and then reinvest half and spend half. Spend it on a nice house, a car, maybe a pc or two.
Invest in a business, or buy / have sites made to build up a steady income, hire someone to be on top of it. Then I'd travel / vacation to many places and look for a dream house. I'd buy that house, get a girl and live off the rest
I will buy a brand new house and a Mercedes car. I hope the amount will be sufficient! Otherwise I will come and ask you more
I would donate a partial of it like 10% to charity and 60% for investment and saving while the rest for happy hours