I tell you what, last week I found out someone hit the million dollar Powerball in my city. I checked my tickets and sadly I was not the one who hit. With a million dollar jackpot I probably would have came away with about $400,000 after taxes
My process would have been the same. I owe $240,000 on my house so I would have paid down $220,000 of it. I was told you never pay off your house because then it becomes an asset that people can sue you for. Imagine a minor fender bender that someone can sue you for and take your house
Beyond my house I have about $10,000 worth of debt so I would pay that off, get my kitchen and bathroom redone, and continue working my job for the next 6 years 1 month and 25 days, and still have some money in the bank