Lets say you were to win the powerball....
I would do 20 year installments. If I died my wife and kids would be set up so I'm fine with that. I would put a few mill in stocks and a few mill in bonds. Wouldn't spend much on vehicles and not going the mansion route. Buy a lot of land and build a normal size house, quit fire dept and stop doing auto glass also, though I may do chip repairs only for the fun of it. My kids will still have to work and I would still whoop their *** for being bad. Most of the money would go to charities. My kids would get a lot when they got older with their own families still.