Hey all, I just found myself in a cash heavy situation this past month. I received the first tranche of two to the tune of $1M. The second will arrive in a year. I -WILL- owe taxes on this in April, 2016.

I've spoken with some financial advisers, but I just am not getting the feel goods. They all say, what a great cash heavy situation to be in. I can set you up for life!

What would you all do in this situation knowing these points: 1. Taxes owed in April - Let's just assume 50% between state/fed. 2. Absolutely NO: debt/deductions/dependents/property owned/significant other. 3. Would like to buy a house... but not in a rush. 4. Steady career >$200k/yr in salary. Not yet half way through my working years. (maxing 401k/hsa...etc.) I love my career and am not interested in leaving it. Low desire to become a 'land lord'. 5. Second tranche coming in 1 year from today. Same amount.

Here's the things I've looked into doing.
A) Put what I'll owe in taxes in April in safe high-yield savings, or 6month CDs. Put 20-25% down on a house. Put the remainder in a spread of standard ETF/index funds.

B) [the wild one I don't fully understand] Battle through the next two tax years by using leveraging. Leverage all 1M, receive a 500k low interest line of credit (3.5%~) and use the LoC to pay taxes in April, keeping 1M working in a fully managed portfolio by an adviser. Pay interest in LoC using gains in the portfolio. Double down efforts in one year and get an even lower rate (<2%) on the LoC due to the increase in AUM.
This method fully disengages the hope of owning property any time soon, but may set me up better for independence in the future.

C) ???

Is it possible to be even more risky? as in... is B the proper median between an A (low risk) and C (crazy risk) or is B technically high risk and I'm probably lost and shouldn't do it?

Thanks for any advice... Keep working hard people, the opportunities are wonderful.