Matt Lauer went to go see a man about a horse…
And came back with 40 acres of horse ranching land!
Matt plans on turning his new digs into a horse ranch for his wife, Annette, and their three kids.
This isn't his first rodeo in the Hamptons either. Matt has a $15 million estate down the road from his new land as well.
Now THAT's some spending money!
[Image via WENN.]