Wow. $50 million.

OK, the very first thing I would do, after paying off all my debt (roughly $23,000) would be to pay off the mortgage on my parents' house so they didn't have to worry about that anymore. Then I'd give them each a million and tell them to do something they've always wanted to do. My parents would be my very first concern.

THEN...

I'd move out of my crappy apartment in Hollywood and buy a nice house somewhere in the city. I'd also rent an apartment in New York City and pay the rent ahead for at least two or three years. (My ultimate goal is be an entertainment journalist who travels back and forth between NYC and L.A. to cover both theater and movies.)

I'd buy a new but modest car, something like a Jeep Liberty. I don't care about flashy cars. Never have, never will.

I'd then invest a good bit of the money, and put a good bit of it away into savings and CDs and stuff like that.

I'd adopt a kid. I've always wanted to do this. And put some money aside for their college fund.

And I'd fund my education in film school and make a modestly budgeted indie film to get my career started. And I'd write/direct a porn film.

I'd donate at least $1 million to various charities. AIDS, cancer, Make a Wish, etc.

I'd travel to Europe again.

I think I could do most of that with $50 million.