Put it in a bank and let the interest build up on it, keep doing that till I have more than enough to live on without working.
Yeah that's true. But when MOST people talk about investing, they mean stocks, funds, bonds and stuff like that
First collect my winning incognito, keep it safe somewhere and stop worrying what else more would I do with it; in due time I'll be able to spend all of it, and then wait and dream of winning another big one, then allow the cycle to run its course all over again.
I would spend, spend, and spend some more I can't take it with me, so why not. First pay all my bills, and my children's bills (houses etc). Then what's left over I can go to DisneyLand.
I'm actually not sure but isn't there a limit to how much you can gain interest on? I'm not 100% sure on that so thought I'd ask. However, I do know that the IRS charges taxes on your interest gained.. as if they don't charge for enough.
Very easy to answer for me I'd try to arrange a booking into the undiagnosed illness program in the USA and pay until they found the issue with my health. 5 Years ago my answer would be completely different. If you don't have good health your life is very limited.