← Giant Brain Candy
Giant Brain Candy: What a Big Win Really Does. A large Swedish study found that big lottery wins raised winners’ life satisfaction for more than a decade, with much smaller effects on happiness and mental health. Source: Lottery wealth and well-being.
Growing evidenceThe research
  1. Lindqvist, E., Östling, R., & Cesarini, D. (2020). Long-run effects of lottery wealth on psychological well-being. The Review of Economic Studies, 87(6), 2703–2726.

Journey 8 · Abundance

What a Big Win Really Does

A large Swedish study found that big lottery wins raised winners’ life satisfaction for more than a decade, with much smaller effects on happiness and mental health.

Source: Lottery wealth and well-being · Growing evidence

Share this card

XFacebookLinkedInPinterestWhatsAppThreadsEmail
Download the picture

Instagram or TikTok: download the picture and post it.

30 days of All-Access, free — every journey and every feature. No card.

Start free — 30 days of All-Access

More from Abundance

Giant Brain Candy: Sharper After the Harvest. In one much-debated study, sugar-cane farmers in India scored lower on reasoning tests before harvest, when money was tight, than after it. The researchers argued the situation, not the person, caused the drop. Source: Scarcity and the mind’s bandwidth.
Giant Brain Candy: The Two-Cookie Jar. People rated identical cookies as more desirable when they came from a jar holding two than from a jar holding ten. Scarcity alone made the same cookie seem more precious. Source: Scarcity and perceived value.
Giant Brain Candy: The Grades That Couldn’t Run Out. Even where top grades were unlimited, people who saw that many had already been given predicted a lower grade for the next presenter, as if good grades were running out. Source: Zero-sum bias.
All of Abundance’s Brain Candy, and every other journey’s →