If $100,000 suddenly arrived in the mail, most seniors say they would bank it.

Researchers at Financial Freedom Senior Funding Corp., Irvine, Calif., a reverse-mortgage lender, have shared that finding in a summary of results of a survey of U.S. residents ages 62 to 75.

About 55% of the participants said they would put a windfall into a savings account or certificate of deposit.

Many participants gave more than one answer.

Here are some of the other answers participants gave:

- Pay off debt (48%).

- Give some of the money to charity (41%).

- Invest the money in conservative, low-risk investments (41%).

- Give the money to children or relatives (24%).

- Make a major change or renovation to home (21%).

- Invest the money in stocks (17%).

- Purchase a luxury item such as a car, boat or RV(15%).

- Use it to pay health care costs (10%).

- Purchase a new home (8%).

- Donate some of the money to an alma mater (4%).

- Retire (3%).

- Other (6%).

- Just hold on to the money (3%).