First, I would put in my notice at work. 30 days max. Next, I would give notice to my landlord that I would be breaking the lease. Then I would travel to see all my friends from college, my grandparents, and my wife's parents and grandparents.
Allocation would be more conservative, maybe 80/20 at 33x. Once the dust settled a bit I would purchase a few things: a used car, a house in Boulder, and some outdoor gear. My spending would not change significantly.
I would camp, snowboard, hike, float rivers, skateboard, and do crossfit as much as possible. Basically make up for the last 5 years.
I would would start having kids immediately, and consider 2-3 instead of 1-2. I would support my wife in starting a music school for the guzheng. I would look for part time seasonal work doing something fun - guide in Rocky Mountain National Park, teach snowboarding, work at a rock climbing gym, etc. I would invite my parents and in laws to live with us.
If I had anything left I would invest it 80/20 and send the dividends to my parents so they could retire or work part time. Any additional income would go to building that account and making sure my parents were comfortable.
Wouldn't matter where the windfall came from as long as it was reportable to the IRS.