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How I was told to handle it is you say "It is with regret that I am submitting my resignation, effective May 1st, or earlier as you may require." You might add "Please advise the exit process so that we both have the smoothest transition possible" or something to that affect.
Don't tell them where you're going or what you're doing. It's none of their business and can bite you in the arse. If there are things you feel you really must share (and really, will it be helpful or just make you feel better for the ragequit?) then do it as part of the exit interview, NOT in writing.
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"Traveling - It leaves you speechless, then turns you into a storyteller. ~ Ibn Battuta
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