The average American’s tax refund is approximately $3,120. While some may suggest paying off debt or saving it for a rainy day, we say it may be time to travel! Below are five great ideas for spending your tax refund on a unique destination experience.

1. “Glamp” at a Luxury Ranch: Hike, ride horses, fly fish, and play cowboy at the 25,000-acre Red Reflet Ranch in Wyoming. The ranch is both working ranch and luxury resort. Gourmet dining offers ingredients from the ranch’s butcher shop, organic greenhouse and gardens. From cattle drives to branding, the true western lifestyle thrives at Red Reflet Ranch. Prices start at $1,813.

2. Ride a Train from Moscow to Mongolia: If you feel like splurging, take Trans-Siberian trains over a dramatic and variegated route that offers limitless opportunities to meet the diverse local people – Mongol, Buryat and Russian. Experience the rolling green hills and nomadic traditions of Mongolia, Siberia’s UNESCO-listed Lake Baikal and endless taiga forest on your way to the booming capital, Moscow. Prices with MIR Corporation start at $7,695.

3. Cycle the Mediterranean: Join a cycling tour at the crossroads of the Mediterranean: Corsica, Sardinia and Sicily. Split into three week-long stages, the “3 Islands Tour” is a journey through the history, food, architecture and traditions of these Mediterranean jewels. Prices with Ride & Seek start at $3,345.

4. Go Fishing in Alaska: Unalakleet River Lodge comprises all the warmth and charm of a true Alaskan lodge. Located 140 air miles south of Nome on Norton Sound, the main lodge was built from hand-hewn logs on a hill overlooking the Unalakleet River. It offers very productive fishing for salmon, dollies, char, and grayling. Prices with Frontiers International Travel start at $5,300.

5. Bike from Toronto to Quebec: In celebration of the bicentennial of the bicycle and Canada’s 150th anniversary, join this Oh, Canada! tour from Toronto to Quebec City. Pedal through Prince Edward County – the country’s newest wine region – as well as the capital city of Ottawa, French-speaking Montreal and along the vehicle-free cycling paths known as La Route Verte to Quebec City. For those with a larger tax return, ride all the way from Haida Gwaii, British Columbia, to St. John’s, Newfoundland and Labrador. Prices with TDA Global Cycling start at $1,925.

Search more travel ideas.