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It's not like your getting 47 million every year. It's a 1 time event and yes it is a lot of money but I don't think you can hand out 50k to every family member every year (I assume your talking about immediate family). If this is a lotto. First of all it's heavily taxed. Second of all are you taking it all at once and does this include that. If it does, then it's a rather large sum of money. If it isn't, you cut is going to be even smaller. Let's say you take it for 20 years. Thats only a little over 2 million a year pre-taxes and about 1.5 million after taxes. So giving out let's say 50k a year, is a large sum of money for this prize although you could easily survive. Let's say you do take it in a lump sum. The interest alone if you get a decent rate should let you survive for a long time but it's not world changing money but rather life changing money and many lottery winners haven't spent their money wisely.

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[censored] the tax discussion, the op said 47 million, Im not going to be a nit and figure in taxes. I take that 47 million, I give 5 million to my parents. They put it in the bank, earn interest off it, thats a quarter million a year, they hvae to spend w/ no mortgage anymore becuase I bought their house. But, Im sure my parents who payed about 50k for my high school education, fed, clothed, housed, bought me my first car, etc, wouldnt take insult to the fact that I dont trust them enough to "allow" them to have more than 10 or 20k a year.