KBC Prize Winnings - How should they be invested?

So Susheel Kumar has won the KBC quiz lottery of Rs.3.50 crs. (Rs.1.50 crs. goes as taxes) and I saw a lot of excitement yesterday as we watched the golden moments amongst my own family members as if someone from our own tribe has won a big amount. I suddenly find lot of web content on how to invest that pot of money. Typical of Wealth Managers to track down a dollar millionaire instantly. Most im...portant thing is to have the mental maturity to handle such sudden riches. I remember a journalist friend of mine Aruna whose sister was a banker at Canara Bank; her sister won the KBC quiz prize money of Rs.18 lacs in the post-liberalisation new years of low inflation. She quit her bank job the next Monday after banking the KBC cheque and has never worked since. She bought a few pieces of real estate and blue-chip stocks and is happily living off dividends and rentals. She realised that replacing her earning capacity with the investments is the first thing she has to do. She handled the small pot of money quite well. The bigger the money you get through windfalls, the bigger is the risk of outliving that money due to unwise counsel. Thats why they say, a Fool and his money are soon parted. The biggest thing, I repeat, is our attitude to money and the mature way we handle them. You need not be a Rockfeller or a Cornelius Vanderbilt to act like one. What you get in a lottery when you are earning less than Rs.10,000 pm is just pure luck but still you gotta treat it as hard-earned money- don't think the money is to last forever. Thats when it stays. Rules of money haven't changed over the last several millennia... Money, like time, can either be spent or invested.