Bigger Points 35G
Banked 500,000 in one go

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This achievement needs to be done with the racer faction. Almost everything you do in the game will grant you SP, your goal here is to collect 500,000 SP in one go before returning to your hideout to bank it. The easiest way to do this is to progress in your racer career until you can purchase the Ferrari F12 at rank 16. This car has the best base toughness/durability, upgraded to rank 5 you should have no trouble taking some solid hits. The cop car you are given for your rank 16 missions is pretty tough too but the pursuit tech options aren't that great, you are restricted to 2 and one of them is the spike strip which is not all that useful when you are getting bashed around by multiple cop cars at heat 10.

Whichever car you choose, upgrade your two favorite offensive pursuit techs, I recommend the ESF and Shockwave. On your map find the interceptor 'Great Escape' it's right next to the hideout near Last Stallion Ranch, this is a good starting point because it is right next to the hideout and just down the road from a garage. Start it up and immediately just do a 180 and wreck the cop to end the event. Restart the event from the easydrive menu and do the same thing again, stopping at the garage as needed, as many times as you can. Now as your heat level goes up you are going to have more and more cops on you and you can't restart an event while being pursued, at this point don't bother losing them to try the event again just start to wreck all the cops that show up, stick around the garage so you can just run through if you take one too many hits. Save your shockwave as much as you can for when you get penned in so you can blast them away and avoid being busted. Keep this up until you hit 500k SP then quickly head over to the hideout to bank it and unlock your achievement. It shouldn't take more than 5-10 minutes to hit your target.

I recommend doing this in Single Player so you will just be up against AI cops instead of other players gunning for you.