CarInsurance.com supports education. Since you are asking for advice, we will give it to you.

First, why a Lamborghini? Why not buy a car that is intended to keep your car insurance rates more reasonable? I don't know your age, but for a 16 year old it would be hard to find an insurance company that would accept this risk. Most companies only insure vehicles that are below $50,000 MSRP (Manufacturers Suggested Retail Price). If you do find a company at that age, you would need to have your parent listed and you can expect to pay $5,000 to $15,000 a year in auto insurance premiums. Possibly more if you have some factors that negatively affect your rate. If you are over 18 and live by yourself, the rates would be similar.

When I was your age and I received my first million, I put it into an account earning 8% each year. That way I made $80,000 a year without doing any work.

Then with that $80,000 you could buy a beautiful home, a wonderful, safe car with inexpensive insurance.