+20 @vendeep the fact that you would just "Bank it" tells me you need a financial advisor to walk you through your options before you should make a decision. Regardless of jackpot size (assume >$1M after taxes), I would spend a few weeks understanding my options.

+19 @SensibleCreeper inflation is worse than drugs, always invest.

+15 @babelon7 To earn an average income of $50k per year from a bank with today's interest rates would require a bank balance of $20 million. Which sounds good because the jackpot is 20 million right? True, except that's the jackpot if you take the annuity (which if all you're going to do is put it in the bank and try to live off the interest would be the better option, more on that later) and you only get that after 30 years of payments, and that's before Uncle Sam takes his share, not to mention any state taxes. In my state the cash jackpot, after all state and federal taxes, is $7,576,128. My bank pays one of the higher interest rates right now, 0.25%, which would earn me the princely sum of $18,940.32 per year in interest. Hardly the thing dreams are made of. And good luck living off it without touching the principal. The annuity, on the other hand, would pay, on average, after taxes, $389,928 per year (it uses an increasing payment schedule and starts at $191,323 with a final payment of $693,877). Way better than taking the lump sum, putting it in the bank, and trying to live off the interest. But the best plan of all is taking the lump sum, investing it carefully, and living off the proceeds. There are tons of very safe, very profitable investments, such as well chosen commercial real estate, that would earn you 8-12% per year in revenue. You could easily have a high 6 figure income with very little risk. You wouldn't be eating caviar off escorts thighs every night but you'd do very well. The dirty secret is that these opportunities are everywhere if you have the means, patience, and skill. They are just out of reach of the average person. But with $7.5 million cash in the bank you aren't an average person anymore. So don't confine yourself to an average person's investments like bank interest or the Wall Street casino.

+9 @curitibano Putting the cash in a bank is the most shortsighted and financially irresponsible thing you could do, if your goal is security. You need to learn some financial literacy. To answer your question: What would I do with 20million USD? I would diversify it. Purchase some commercial real estates (at least 3-4 properties in different regions of the world) and then I would rent them out. Then I would purchase some ETFs with low administrative fees (Like Vanguard or Blackrock), probably some emerging markets ETFs, VTI (when it's low), some Tech Index, and some dividend based ETFs for passive income. I would buy a few hundred thousand dollars of gold and a couple of Rolex Daytonas cause it's a decent inflation hedge. Then, I would take about a million dollars aside and put it into cryptocurrencies, but only legitimate projects like BTC, ETH, ADA, VET, DOT and stake all of them through DeFI or on Binance for some more passive income. All of this comes after paying the Capital Gains Tax by the way. Debt is slavery.