Anonymous wrote:Do everyone a favor and keep it to yourself and your spouse for now.
Get a reputable lawyer(s) and a financial adviser and setup a trust fund/etc. to plan out the taxes, will, etc. first.
Update your life insurance and/or liability insurance/etc. (umbrella insurance) for any nut cases who come trying to gouge you for an old car accident/etc.
Prepare yourself because your family and friends will change. They'll see you as the "filthy rich guy".
If by update you mean stop paying premiums immediately, sure. Why pay for a couple million in life insurance if you are worth 20-100 times that?