Win100 mil lottery?

Question

lets say you win the lottery and after taxes take home 100 mil what is the safest was to invest . you want to live off the intrest and protect the principle.

Answer 1

Well give me 100 million and I will let you know how it goes from personal experience, lol

Answer 2

First put it into an ING account for 3% right away then start getting long term CD's for around 7%. Also put $5k/year into an IRA.

Answer 3

Savings account is the safest

Answer 4

Invest in Vanguard STAR fund: 65% stocks 35% bonds.  Take out no more than 4% per year.  Also, buy a few immediate annuities, staggering them, to guarantee income for life.

Even if you only reap about 5.9% that will leave you with $5,900,000 annually (before taxes).  If you don't feel that is enough, wait for a larger lottery jackpot.