IF YOU WON THE LOTTERY, WOUL YOU BE HAPPIER?

Probably not.

At least that’s the implications of an creasing body of research on subjective well – being. This research shwos that although winning the lottery brings an initial surge in happines, a year later winner’s level of happiness seems to return to what it was before. The converse phenomenon occurs for people who have suffered serious injuries in accidents : Despite an initial deline in happiness, most victims return to their prior levels of happiness over time (Diener et al, 1999). Read the rest of this entry »

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