I would buy a house (something cheap), furnish it with some cool stuff, take a semester off of school, spend a month or two on vacation, study the market, invest the rest. I might by a new car too, since those are pretty cheap right now.
I'd probably take 10 percent of that and put some in stocks. I'd certainly pay off the rest of my education. Anything that's left over will be put in various accounts for future use.
I'd firstly pay to move myself to Philadelphia and my parents to South Jersey. Then I think I'd use some of the remaining to pay for college and some electronics and then I'd save the rest.
Probably put about half of it away to earn interest, put another lot away for uni, spend a bit on a decent house and car, buy some tech, go on a holiday and give some money to my dad.
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