Well, the interest rate for a savings account at my bank is 0.25% compounded monthly. Some banks have higher rates, but if I kept it in the bank, each month I would get $2,500. If I leave that in the bank, it works for me too. That would be my plan. I would try to find at least 1% though because then it'd be $10k every month


After 10 years at 0.25%, it's 25k, then 51k in 20 years. If I retire in 40 years (age 58), I would have $1.1 million I could spend, or leave in the bank and collect the $2,800 each month on top of my retirement plan.

Quit my job, and travel everywhere.

I would invest most of the money into a business, maybe a hotel, gas stations, or some kind of business maybe even a medical shop, and start growing. The industry is just getting started.

I'd pay off a house that's within 200-300k and buy a decent new car and have that paid off. Then I can donate some to charity, and the rest I can put in a savings and collect interest and have even more money in the future.

I would either start a Reptile breeding company or a exotic pet store

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Giga wrote A lot of you talk about investing money... but do you know what that really means and what the risks actually are?

Right, people just say 'invest' and 'stocks' like what are you investing in + Stocks take forever to learn

InkJet wrote $250K for a Lamborghini Huracan and a small 1-2 bedroom home and save the rest for other things

Save the rest? Good luck your spending 95% of it on insurance for the lambo

I would save $75,000 to invest, then $400,000 to my family and I would buy a house probably about $250,000 then the rest of the money will be me buying a underground bunker with food/drinks/entertainment incase of any apocalypse/natural disaster.

1. Buy a house for about 250k
2.rent it out for about 1k a month depending how good the house is should be good for the price haha
3. Pay my mums mortgage

4. Invest invest and invest