In no particular order:
commit suicide (this is a really stupid way to deal with bad news)
get way drunk
get wasted on some other drugs
cry
talk about it with a friend
look at the positive aspects of the news (if any)
write about it completely in a journal
exercise
get involved in some kind of activity every day for a while that keeps your mind off of it
go see a psychologist for a while
laugh about it
