S2:1 Can Winning The Lottery Buy Lasting Happiness?

In this fun episode, we explore what happens when people hit the jackpot. Many of

us often dream of the big win, but does life really change when it happens? Will

wellbeing improve? Does the rush wear off or can the wellbeing be boosted for years,

or even decades? Tune in to hear economist Robert Östling from the Stockholm

School of Economics shares his insights from studying thousands of Swedish lottery

players to see what really changes when money arrives out of the blue, and what

stays surprisingly the same.

Link to the study:

https://www.nber.org/papers/w24667

Guest:

Professor Robert Östling