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I'd let an accountant figure out which way i'd get more money, and come collect my prize with a lawyer present. if I got a lump sum I would set up a savings account and put in 3/4 of my cash to gain interest. The rest I would use to pay off various debts. I would set aside 100k for the rest of the year, and whatever was left from the 1/4 I'd go spend gloriously and frivolously. I'd probably give quite a bit of that to my best friend, as he is quite materialistic and I can imagine he would be very happy with that.
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"Asking a bomb squad if an old bomb is still "real" is not the best thing to do if you want to save it." - denim
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