Join Date: Apr 2009
Location: duluth, georgia
Here in GA they take the taxes out of it right when you go get it, so it'd be like 60k or so.
Wife's suv and my truck payments would be gone - under 12k total there.
Throw, say, 20k at the mortgage and see about a refinance.
Have a $2000 party.
Max a roth ira for both of us, 9k.
Throw the rest at something, rental property or mutual fund/metals combo, something like that that is an actual investment vs parking it in some checking or savings accounts.
100grand winner though would realistically be gone right quick. Married with a mortgage or something and the wise play is get rid of the car notes and dunk the mortgage and re-fi for cheaper then throw the extra monthly nut in the bank somehow for savings. Maybe park 10% into hard savings - ira - that you can't touch for a while.