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3min chapter
How A Lottery Win Might Change You.
Patrick Boyle On Finance
The Curse of Winning the Lottery
Evelyn Adams won the New Jersey Lottery twice in 1985 and 1986. By 2012, she had spent all of her winnings gambling at Atlantic City casinos. She also squandered money on a string of unsuccessful business deals. But studies from around the world show that winning big cash prices often leads to big increases in life satisfaction over the long term. The lottery winner's curse simply isn't true.
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