Personally I would invest some of it with your family.

Example. Many folks could use it to pay down high interest debt with a loan from you.

And in return you would set a reasonable rate of return on the interest you would receive from them.

It would be a win/win situation for all parties concerned.

Of course it would depend if you trusted the family or friends you lent your money to.

If you can't trust family who can you trust?