Just a wonder on how you’d spend it. I’d probably buy up some land and build a nice village or town kind of similar to Poundbury. I’d probably sell houses at a fair price but only to people who send in a CV and seem to be upstanding people who actually want to work and be a part of a community, as well as giving them a mortgage Then I’d have a nice mansion and pretend to be a Lord where I can look over my wonderful tenants and maybe buy them Christmas gifts and send them birthday cards. Help them out if they need it.
Basically what some Lords did centuries ago but probably more kinder. Oh, and the place will be built with nice old timey architecture as well. Probably cobble streets because screw cars lmao. I just want to give people a nice life I guess as well as LARP as nobility
Step one, get an accountant, and lawyer. Things will get complex, and mistakes can result in spending more than you have which isn’t the goal. Thus an accountant to watch those numbers and keep me in the black. The big issue is taxes need to be paid so there needs to be enough left over to do that along with pay the accountant, but there will also be weird legal issues that come up.
Second, the money goes to charity. How it gets there will be tricky though.
The IRS looks at large donations and starts to assume I’m trying to dodge taxes by hiring a charity for something I’d do anyway - so my accountant will work with them to figure out what donation levels work for each that I care about. There are also some causes that I consider charity that do not meet the legal definition (often because they are political) and so the donation to them is still taxable (not that I’m trying to dodge taxes, but I’ll take advantage of anything that will help causes I care about)
I will set aside some money as a fund for me. However I’ll only allow myself to withdraw from it as payment for work done for charity. projects like KDE or FreeBSD can always use more help. There is a summer camp I’ll volunteer for once in a while. Habitat for Humanity needs help… The important part is I need to put in 35 hours a week or I don’t get money from the fund (I will allow 2 months of vacation and that summer camp will get 80 hours/week when in session which I will bank for more vacation). The important part here is I need to stay busy - doctors tell me sitting around doing nothing when you retire is deadly so I’m not going to do that.
Likely a lot of money will remain after I’m dead, so a trust fund will remain. However the instructions will be to drain the money as fast as possible. I know of several funds remaining from people who died 100+ years ago and the fund is now doing things I’m sure the original would oppose.