Winning the lottery will make you rich, but not necessarily happier

The Mega Millions jackpot has now hit $1.6 billion after there were no winners on Friday. The next draw will be 11 p.m. ET Tuesday. Do you have lottery fever? Will it change you? Here’s something to keep in mind if you are the lucky winner (or a lucky winner) on Friday.

It’s a long shot, of course, but isn’t a chance at being rich beyond your wildest dreams and being, well, free from financial worry forever the reason people play? That is, winning the lottery is an obvious boost for your bank balance, but for overall well-being and happiness?

Large prizes were linked to high levels of life satisfaction that persisted for more than a decade, whereas effects on happiness and mental health were significantly smaller.

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