If I had a Million Dollars I would buy "myself" a plane to fly around the world and a boat to sail when I didn't want my feet touching the ground.
I've already had the house, ottoman, green dress, rode in a K car and ate Kraft dinners, but never had a real fur coat, because that would be cruel.
Please pass the Dijon Ketchup.
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If I had a million, I'd invest it somewhere where I could try to get at least 5% return, then se the 50,000 a year to try starting businesses (If I fail, I've lost nothing!)- while keeping my current job.
I'd buy a nice used car, a nice used house, and maybe a nice used airplane (I'm not so big on owning these money pits, but I do like to fly them)... then donate some money to a couple organizations I support. Thats about it. Maybe put some back for my kids education and maybe go get a masters degree for the hell of it. It would probably be half gone at that point. The rest I would roll into a RothIRA and maybe an investment property (they are cheap where I live).