if i won 100 million dollars i wont buy any bitcoin anymore,
i can live a happy life,i can do whatever i want,
but if the winner is a bitcoin related person maybe 1/4 of his winnings he will buy it for bitcoin.
There was no question that asked what you would do with 100 million. The question was if you won 1 million dollars. With that sort of win it would be nice but in todays climate it would not be a happy ever after unless you invested well. Mortgage to pay debts to clear, some cash for children and family, holiday and car you won't get much change. I would do the above and whatever was left I would invest in bitcoin and a few others and continue to work. Life goes on.
It's not so much for holding cash for children and family, it's more about getting everyone out of debt and have enough cash stored away in case you were to get in debt again. Like the OP said, if you were to to only win
1 million dollars, not 100 million, there's a lot more wiggle room to be had with 100 million.
So if I had to give a direct answer to the question, I would like to say that I would:
1) Buy $10,000 worth of Bitcoin (roughly around 21 BTC)
2) Buy $80,000 worth of Gold
3) Buy $10,000 worth of silver
4) Get out of debt (roughly around $100,000 which includes mortgages, credit cards, student loans, etc.)
5) Keep the rest of the $800,000 on hand and use it wisely. This includes keeping the same house, car, etc.
I feel like this is the most logical way to make sure you have some wealth in assets as well as being able to pay off debt and being able to pay bills for a while in the future. Definitely wouldn't enable me to retire with only 1 million.