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According to a financial consultant to lottery winners and the author of Life Lessons from the Lottery, Don McNay, many people wind up unhappy or broke after winning the lottery.
Story at a glance Winning the lottery may increase a person’s life satisfaction and remain that way for decades to come. An increase in happiness isn’t as certain, with research showing ...
Lottery jackpots can reach epic heights. Case in point: the Mega Millions jackpot that surpassed $1.2 billion after the Tues, August 1 drawing. Someone (or some people) will win eventually, and the...
The event in the case of lottery winners had taken place between one month and one and a half years before the study, and in the case of paraplegics between a month and a year. The group of lottery winners reported being similarly happy before and after the event, and expected to have a similar level of happiness in a couple of years.
The Powerball jackpot found a lucky winner in California, after their winning ticket matched all six numbers in Wednesday night’s drawing.. The ticket, which was purchased at the Las Palmitas ...
Otherwise, in cases of lottery winners, sudden inheritances, and trading of cryptocurrencies, educating oneself is highly recommended by professionals and wealth psychologists. [15] By researching how to budget and save, understanding the investment basics, and overall gaining financial literacy, a recipient may feel more comfortable and ...
Just check your state’s rules on which lottery games qualify. 3. Being Careful With Your Ticket Is Key. As several lottery winners have learned the hard way, losing a lottery ticket can be too easy.
Unfortunately, staying anonymous after winning the jackpot isn’t always possible. Only a handful of states allow lottery winners to hide their identities upon claiming their prize, and some ...