[FurrBall]

I'd buy a house for myself.

I'd buy 1 low-end rental property (dip my toes in with 1 before finding out I don't like land-lording).

With that much cash, inflation becomes a big issue. You don't want to let the money sit in a regular checking or savings account. I'd hire an adviser on where to park the rest of the money to protect against inflation with minimal risk.

I wouldn't try to convert all of the money to real assets. The liquidity of paper is nice.

I would continue to work. It's a lot of money but I wouldn't call it set for life.

I would avoid high risk investments. ie no start ups.

Disclaimer: I am risk averse.