Money can buy love
Contrary to popular belief, money can buy you happiness - and love - a study into lottery jackpot winners suggests. A Nottingham University study found 97 per cent of 34 people who won $2.5 million on the UK National Lottery were as happy, if not happier, than before. Researchers also found money can buy you love - 68 per cent of winners were married pre jackpot, rising to 75 per cent afterwards.
None missed working or found the money caused domestic arguments. Only 3 per cent of winners who filled in the questionnaires said they were less happy than before, citing new pressures in their lives. A "satisfaction with life" scale was used to determine subjective well-being among winners and non-winners.
But the study found the expected huge changes in lifestyle were more myth than reality. Many winners seemed to move into bigger properties (68 per cent lived in detached houses compared with 32 per cent pre-win), but they stayed in the same geographical area. Researchers also found that despite the fact winners took more holidays, they were not more adventurous in destination. All had taken a holiday in Britain since their win.
The survey, commissioned by National Lottery operator Camelot, is the first academic study into winners since the National Lottery began, 12 years ago. University of Nottingham psychology lecturer, Dr Richard Tunney, said: 'The old saying 'money can't buy you happiness' may not be true, but traditional family values, a comfortable home and financial security are clearly key elements to a happy life."
None missed working or found the money caused domestic arguments. Only 3 per cent of winners who filled in the questionnaires said they were less happy than before, citing new pressures in their lives. A "satisfaction with life" scale was used to determine subjective well-being among winners and non-winners.
But the study found the expected huge changes in lifestyle were more myth than reality. Many winners seemed to move into bigger properties (68 per cent lived in detached houses compared with 32 per cent pre-win), but they stayed in the same geographical area. Researchers also found that despite the fact winners took more holidays, they were not more adventurous in destination. All had taken a holiday in Britain since their win.
The survey, commissioned by National Lottery operator Camelot, is the first academic study into winners since the National Lottery began, 12 years ago. University of Nottingham psychology lecturer, Dr Richard Tunney, said: 'The old saying 'money can't buy you happiness' may not be true, but traditional family values, a comfortable home and financial security are clearly key elements to a happy life."
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