I'd buy chips and mushy peas for you all
Mmmm... and a beer for you, too.
$100,000?
Well, I suppose the logical thing would be to dump it into my mortgage (upon which I'd probably open a home equity line of credit and perform the Smith Maneouvre).
What would I really do with $100K? Let's see...
Donate $10K to my church and to a local charitable organization (a summer camp that I volunteer with). The camp is in dire need of better archery equipment, so $2000 of that would go into buying a set of nice new bows and arrows.
Spend $10K on toys for me. A new MacBookPro, Apple display, an iMac for the kitchen, a large-screen LCD HDTV, an XBox 360. Some actual furniture for the house (which is currently sitting mostly empty).
Spend $15K on a car. Looking at a Pontiac Vibe or Toyota Matrix. Nothing extravagant.
Buy $5000 of Apple stock, something which I've been saying I've wanted to do ever since I left high school in 1996 -- just think how rich I could be if I had actually done it... I could actually be spending this $100K, not just imagining it!
Put $5000 into a high-interest savings account (4% interest) which is not a huge savings vehicle but everyone recommends having a few months' living expenses in savings in case of emergency, and I currently do not.
Max out my RRSP/pension fund contributions for the year (probably about $10K) which will give me a nice tax refund to invest or spend next year.
The remaining money would be dumped into my mortgage which will take off years of payments and save me thousands in interest. Again, I would look into starting the Smith Manouevre. (This might only make sense to the Canadians among us.. ?)
I don't currently have friends or family who would be begging me for money (though I suppose that might start if I won this much money) but the savings on various things -- lower mortgage payments, no more car payments -- would allow me to be more generous in my every day lifestyle, so I'd buy lunch for my friends, buy them nicer gifts at Christmastime, stuff like that. If people needed emergency money for things, I'd be in a better position to help.