Happiness And The Lottery
Uncategorized September 20th, 2006
For everyone out there who believe money cannot buy you happiness then I immediately assume these are the types of people who fill up gas and pick up a few “quick picks” or “gopher fives.” It’s a common occurence with many friends of mine and as common as buying a pack of smokes when you fill up gas.
It turns out money can really buy you happniess but the amount of money you have (or win) is very important. A new research study conducted by the Journal of Health Economics suggests that the ideal winnings for happiness are between $2,000 and $225,000. “A long term sustained impact in the overall happiness of the winners” is achieved within this range. I don’t know about you, but having a gigantic $250 million dollar Powerball check handed over would suit me just fine.
Then again, This study reminds me of Jack Whittaker, the winner of the largest Powerball Jackpot of the time at $314.9 million. He was arrested twice for dunk driving after and $545,000 was stolen from his SUV outside of a strip club. Then his granddaughter was abducted. Sounds like hell to me!




Leave a Comment
You must be logged in to post a comment.