How Wealth Creep affects our lottery prize happiness
/In today’s world, no matter how much money you have, you always end up wanting more.
This idea is what some folks call "wealth creep." It's like a never-ending game where the finish line keeps moving further away the closer you get.
Here's a fun fact: A survey once asked people making $50,000 a year how much they'd need to feel happy. They said $75,000.
Then, they asked millionaires the same question. Those folks said they'd need double what they had - a cool $2 million - to be really satisfied.
It turns out, that the number we think will make us happy is always just a bit more than what we have.
But guess what? There's actually a top limit to this. Experts say that for most of us, $5 million is the magic number.
With that kind of dough, you can have pretty much anything you'd want in life, minus the super extravagant stuff like private jets or gigantic mansions.
Honestly, most of us wouldn't even know what to do with those things.
So, if you're dreaming of hitting that happiness jackpot, you might want to look for games or opportunities that could land you right around that $5 million mark.
Or maybe just enjoy putting together smaller wins that add up. It's all about finding that sweet spot without getting caught up in the endless chase for more.
