How To Spend Your $550 Million Lottery Jackpot

An online savings account might have around a 2.75% APY, which with $10,000,000 in the account would generate a generous annual income of $275,000 a year for life. Baller.

For just $38,500,000 you can buy 101 East 63rd outright. Architect Paul Rudolph's only residential townhouse in Manhattan features four bedrooms, three living spaces, a dining room, study, two kitchens, a terrace, and a solarium, all located two blocks from Central Park between Lexington and Park avenues.

For a cool $26,000,000, you can own this estate with ocean views and 13,500 square feet, which includes eight bedrooms, 13 baths, two guesthouses, a separate theater building, a grand living room, a formal dining room with room for 20, two offices, a playroom, a game room, a sports court, a gym, a wine-tasting room and a quartz salt-water infinity pool.

Your four-bedroom penthouse in London will cost you £16,000,000 — or about $25,500,000. It is located in a prime spot in London and has breathtaking views, three terraces, and a private elevator.

You can fill it with cats, or whatever you want, for just $30 million. This one is located in the Bahamas and is 167 acres with seven beaches, three houses, two docks, and a seaplane ramp. The price also includes three boats, the power plant that powers all of the buildings on the island, and an 8,000-gallon-a-day osmosis system that produces all the fresh water you need. The island is rich in fresh produce, including pineapples, tomatoes, guavas, mangoes, and avocados.

The fastest street-legal production car in the world (267 mph) will cost you $2,400,000 but it will be totally worth it.

The apple-green GTO, one of only 29 made by Ferrari, sold for $35,000,000, smashing the previous car sale record.

Your Gulfstream will seat eight passengers, along with two DVD players, electrical outlets, lavatory, and a refreshment center with microwave. The skies are calling, and for only $8,500,000

Obviously you're not going to want to lift too many fingers for the rest of your life. You also want to be a nice guy... So, hire one housekeeper, one driver/gopher, and one personal chef, and pay them each a very generous salary of $100,000 annually. If you live 50 more years, that'll add up to $15,000,000.

Sir Lancelot the dog was cloned by his owner Edgar and Nina Otto for a paltry $155,000. You will never be alone again.

A $3,200,000 collar featuring a bunch of really fancy diamonds, 18-karat white gold, and crocodile leather. Only the best, for the best.

The median number of Facebook connections is exactly 100. You can give each of those people a life-changing $300,000 — enough to buy a house outright in most markets! — and burn only $30 million. Give your old MySpace Top Eight (or, you know, your immediate family and a couple best friends) an extra $2,500,000 apiece, and you're up to $50,000,000 and a whole lot of grateful pals.

Do it smart: Charity Navigator ranks nonprofit groups based on their financial health and their accountability and transparency. They have a helpful range of top 10 lists, such as the "10 Best Charities Everyone Has Heard Of," including Direct Relief International, Teach for America, The Conservation Fund, and the Smithsonian Institution. You could give each of them a cool million and do a lot of good for $10,000,000.

This painting from 1919 sold for just over 66 million at auction in 2008, and it's going to look great hanging above your sofa.

$25,000,000. Yes, really. Enjoy the time.

Washed, dyed, painted, re-washed x 13, to create fraying and effects unique to each pair. But that's not all! Each pair carries 16 one-carat rubies, 26 0.05-carat rubies, eight 0.05-carat diamonds, and 1,080 grams of white or rose gold. They are sold for $250,000, so why don't you buy a pair for each day of the week, for a total of $1,750,000

Oh, you know, it's just $5,700,000. NBD.

It boasts nearly 3,400 precious gems including 142 carats of diamonds. The center of the bra includes two large white eight-carat diamonds and two 14-carat yellow diamonds. It will only cost you $2,500,000.

For just $103,000 you can have this suit made of the two most rare wools in the world and is threaded with 18-karat gold. The buttons are 18-karat gold and pavé. Daaaang.

A three-person bathtub carved from a single piece of rock crystal will cost you $850,000.

The nine-foot piano was recently purchased at auction for $3,220,000.

A vacuum cleaner? It's $1,000,000.