They cut down mostly in the form of taking longer vacations. Cesarini says people expect that a lot of winners immediately squander their wealth, but that is rare. Overall, the money won led to positive long-term satisfaction, and researchers found that there was a connection between a financial life satisfaction and long-term overall life satisfaction.
Happiness was measured by asking about day-to-day feelings. Where it did make a difference was life satisfaction. Write to Gina Martinez at gina. But on the whole, it looks like the obvious is usually true — having more money makes people less stressed and more satisfied with their life. Money might not buy happiness, but it buys a lot of things that make the pursuit of happiness easier. Sign up for the Future Perfect newsletter. Our mission has never been more vital than it is in this moment: to empower through understanding.
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By choosing I Accept , you consent to our use of cookies and other tracking technologies. It turns out money can kind of buy happiness after all. Share this story Share this on Facebook Share this on Twitter Share All sharing options Share All sharing options for: It turns out money can kind of buy happiness after all.
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Check your inbox for a welcome email. Email required. Those authors found that people who earned more money reported being happier — something psychologists have found is true up to a certain income threshold — but "lottery winnings do not make households happier. The concept at play here is called hedonic adaptation. People have been shown to return to a kind of set point of happiness after events that we assume will have a big effect on how we feel.
Some are set to depressed. Meanwhile, others are somewhere in between," the psychologist Robert Puff wrote in Psychology Today. But over time, it returns to its usual setting. There are things that we can do to influence our happiness , however, including cultivating strong relationships, spending time and money on fun experiences, and exercising. Perhaps a lucky lottery winner could devote their newfound wealth to those sorts of goals.
But winning itself doesn't seem to be enough to boost happiness in the long term. Still, it's pretty fun to imagine what that money could be used for — a mental state some psychologists say is perhaps the best reason to play the lottery in the first place.
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