Money and Happiness: Lessons from Lottery Winners

Lessons from Lottery Winners

Most people who win the lottery are actually happy. Contrary to popular belief, most lottery winners don’t end up bankrupt and miserable. Instead, they settle into a quiet, comfortable life of anonymity.

Various studies have found that winning the lottery does buy happiness, and most lottery winners improve their lives with their windfall.1Source: Slate

What does this mean for most of us who will never win the lottery (especially those who don’t even bother to buy a ticket)?

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