Chapter 8.
Did you hear about the lotto ticket?
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Lottery Winnings Effects on Happiness
Percent of lottery winners who are happier after winning: 55 %
{Of the 55% of winners who are happier: 65% Claimed the reasons were improved financial security and fewer worries, 23% Claimed the reason was they can buy what they want and that life is a lot easier}
No effect on happiness: 43%
Are less happy: 2%
Effect on Friendships
Percent of winners who already had a best friend and are still best friends: 90%
Average number of friends men winners give money to: 3%
Average number of friends women give money to: 1%
Homework:
What is the percentage of lottery winners who had spent their entire winnings within 5 years?
Answer: 45%