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Won $2.3 million playing the lotto. Tips?

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Joined 2018-12-30

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I recently won about $2.3 million playing the lottery in my state. Using a throwaway for obvious reasons. Note, this is AFTER TAX money, in my pocket now. No need to discuss annuities, etc.

I’m 30 y/o, have a full time job making about $100k per year. I have about $125k in a 401k, an another $25k in cash. I understand a lot about finance, investing, etc.

I don’t want to buy a new house or car or anything major. I already own a $600k home with about $400k left in mortgage.

What are your thoughts about what I should being doing with this cash? I’d like to make a few small donations to charities and schools. Should I pay off the mortgage? Invest in an index fund? Hedge fund?

Can I comfortably retire now if I estimate a need of about $80-100k per year for a withdrawal?

Thanks all.

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sds

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Joined 2018-12-30

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Honestly… Being an enthusiast, you may be intrigued to know about the world’s biggest lotto official jackpot ever which you can read on Wikipedia I believe, the recent huge prize game was also available to play at https://onepoundlotto.com/ which I use as its quick to play.

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Joined 2021-02-23

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Joined 2022-01-26

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Where can I gamble in a comfortable environment?

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Joined 2022-01-26

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