You find out you're getting a large sum of cash - what would you do first?

Say you win a lottery, or get an inheritance from some relative.

The amount is $250,000. What would be your first use of the cash?

I would pay off all my debts, then invest what was left.

Thoughts?

Drugs and prostitutes.

Invest and save for the future.

I would definitely take a bit out and spend it though. Get a nice new car 8)

And all the money for college too :P. ~100k for college itself.

Buy a car then save the rest.

Pay off college. Buy a condo and outfit it with nice stuff. Then save the rest.

Invest all of it.

+1 hookers and drugs

I would give 100,000 to my parents, leave another 100,000 for school. And the other 50K would go in my savings.

The amount is 250k. After obama taxes, you have about 10$ to spend. I'd probably go out to lunch.

ok who we kidding here? I'd have a friggen heart attack.

Drugs and prostitutes.

worlock77

Invest the hell out of it.

That and buying a new gaming PC.

I don't have any debts, I would use it to buy a house.

The amount is 250k. After obama taxes, you have about 10$ to spend. I'd probably go out to lunch.

sonicare

There's some good answers in this thread, but this one got me.

Pay off my student loan, that would leave me with around 225k left. Probably buy an apartment with most of the remaining money and just keep the rest for a rainy day.

Pay off college. Make my own business so I can try and profit. Give my mom and dad a large sum of it for their troubles of raising me. Probably start a new life somewhere less stressful and hopefully be happy for a change. I probably want peace and quiet for a couple years and no more arguments. I can deal with it on the internet, but not in real life where I need to meet someones expectations....

EDIT: *Actually reads past winning lottery part* Ah hell, there's really not much I can do with that besides pay off student loan. Of course, taxes are probably gonna screw me over...:P

Save 125,000 ,buy a new car and go to the school i wanted to but couldn't do to money issues .

first thing: put away however much i need for college

second thing: buy an awesome car

third thing: keep my job

I would invest it by buying myself an apartment down at Wollongong, I would just have to take out $200,000 in mortgage ...

I'd pay for all of my college.

Go communist spread some to my wallet, some to the bank, some to the store (Games & pc), Car, donate some, and save the rest.

Shop like hell and save the rest for next year.

250 grand eh ? I'd probably quit my job, move out of the parents house up state a bit near my brother and other family that lives up north. Then I'd go to a nice university up there. Man, that would be sweet but I doubt I'd come across cash like that any time soon.

Save it for the future 8)

Buy a house cash money forget monthly payments. That alone will save me money for the future.

Pay off college, give a nice sum to my parents, spend a little, and then invest/save the rest.

invest, save half. Then shopping spree time. There's soooo much I would buy. Shoes, and bags mostly. And services. I would pamper myself every week.

Buy a car, pay it off, but a house, pay it off, but the neccessities of life, buy some cool things, save the remaining cash.

I'd probably invest in real estate. Then I'd travel the world for a year or two, afterwards,rent or buy a condo, and work my investments

I'd travel to a couple foreign countries and within the United States. I really want to go to Italy and Germany. I'd also most likely take a trip back to Japan.

I'd then just save the rest for the future.