Probably get some assets like houses, cars, furniture, technology, etc. Then get a finanicial adviser to help make more money by investing in several other companies while leaving a set of funds for each family member and myself to use for the meantime.

I'd buy ALL the duct tape on the east coast and sell it back at ridiculous prices.

booze and hookers and hookers and more hookers

With 100k I would stay home and use it to trade stock options full time. Oh baby !

pay off the cars then refiance the house with whats left over.
the money i save there would pay the rest of the debt off in a few months.

Pay off bills.
Buy a Magpul Masada.
Invest the rest about 60:40 in the company my dad's helping launch and my brother's production company.

Masada. Good choice!

http://earl-ipoint.blogspot.com/

I post my findings from time to time. Otherwise, I'll just point one of my staff in your direction. I take pride in the fact that I made my investors 7.8M in 2007 on their aggregate 26M in the investment I've researched.

And no, I'm not a crappy licensed financial planner monkey that sells whatever the banks or mutual fund co's tell me to do to bilk clients out of their money via commissions. No offense to the other financial dudes out there - I just don't charge for info ;) and I make enough on my own investments.

----back to OP----

so - what'd you do with the money in the end? - just curious.
Go read Rich Dad Poor Dad by Robert Kiyosaki. It's the book that got me out of the whole 9-5 thing.

Pay off my student loans, pay off my vehicle loan, pay back my RSP's that I took out to help me while I am at school.
(we don't get taxed on lottery winnings in Canada)
Should have about 70K left. Probably put 50K of that as a down payment on a house, 13K into my savings fund. 5K on nice leather couches for my new house. and the last 2K will be spend on impulse buys. Like lego, I think I would buy an ass load of lego

While it's not a bad plan, and homes usually appreciate, they can't go up forever. The person I bought my home from lost $10,000 on it, and it is a good (built in 2000) $140k house in Ohio.

But I agree that the game is to get as much cash on paper and leverage you can get and make more money until you don't need to borrow it. But you also don't want to be in financial ruin because the market tanked or people started to realize that investors were controlling home prices instead of homeowners in the major markets and people couldn't or didn't want to pay the premium for some flippers greed.

Keep it all and dont work during college, just go to school full time. It might work for a year or two, considering my lifestyle. I'd certainly be able to pump out a lot of classes in that time, though. Plus going for a dual major is a real bitch.

I'd move my parents into a nicer neighborhood.

I'm not sure how much would be left after taxes, but the first thing I would do is pay off my student loans; buy both my sisters houses, and get myself a car and some new tattoos.

1/2 towards a house (I already have a down payment but more would be better)
Pay off car loan
Trip to Cuba (with money for some nice cigars)
Put the rest away for retirement.