S2:1 Can Winning The Lottery Buy Lasting Happiness?

S2:1 Can Winning The Lottery Buy Lasting Happiness?

18:48 Jul 1, 2025
About this episode
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
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