What's the first dumb thing people do when winning a large amount of money?

Tell people about it.

They try to buy "taste".

Try and double their money then lose it all.

For me ? I would just blow it on booze and broads ! What a way to go! Lol

Forget they'll have to give a huge percentage to the government!

Don't get an attorney

Try to help everyone

Lose all common sense

Buy 5 or more cars

Buy a huge home

Party like tthere's no tomorrow 

Most common mistake i've seen would be, they impatiently want to spend with no investment.

Also if the owner of the money is a male, my goodness! He thinks buying lots of Italian class cars, renting high profile suites, smoking weed and drinking Martini and gathering bunch of girls around them gonna make them look good and the boss. "sigh"

they go on a huge spending spree instead of rationaling out the money over a long period time. Especialy those mega lotto winners

blow it gambling