Does winning make you happier?

Now that the Mega Millions jackpot has surpassed $1.3 billion ahead of Friday night’s draw, some experts say the emotional and mental cost of winning such a huge cash jackpot must be considered when weighing money and its impact on well-being.

One stressor associated with a major cash windfall is dealing with people who come out of the woodwork to share your prize — or rather, try to steal your prize.

“I’ve represented six lawsuits [the] Lottery ‘losers’ lose their winnings to various investment scams,” Andrew Stoltman, a Chicago-based lawyer and legal analyst for Fox News, told Fox News Digital.

He continued: “Who wins tonight’s draw [meaning Friday night, July 29] Be instantly inundated with investment offers from financial planners, scammers, friends and family. ”

The curse of the “lottery loser” is real, Stoltman said.

“Unfortunately, these instant millionaires often lack experience managing money and basic investment skills, making them perfect targets for scammers,” he said.

He offered tonight’s potential winners the following tips to stay awake and happy after winning a billion-dollar prize.

Lottery winners have been warned to beware of investment scams.
AFP via Getty Images

“The winner is probably the biggest target for banks, brokerages and scammers around the world,” he explained.

“Ultimately, no one should be trusted. Multiple eyes should be on everyone who has access to these funds.”

The assumption, he added, is that “everyone will be happy for you and not try to target you.”

But he said that was not the case.

“Every uncle wants to start a business and ask for money directly – family members are often the biggest loss of winners.”

“Saying no to a loved one is one of the hardest things for a winner to do, but it’s also the most important,” he added.

To improve one’s sense of well-being and calm after winning the lottery, Stottman advises any lottery winner to leave all social media Instantly.

Winners should “leave Facebook, Twitter and Snapchat for a long time,” he said, noting that social media accounts make cash-rich individuals “huge targets” for scammers.

“Scammers can tailor their pitches to you through your past social media,” he said.

“For example, if your parents died of pancreatic cancer, scammers might target you [to] Raise funds for pancreas research. “

Hephzibah Kaplan, a psychotherapist at the Art Therapy Centre in London and author of “Almost Happy,” told Fox News Digital in an email that while the big win is a “euphoric experience,” the excitement may not lasts a long time.

“To be sure, financial security can increase happiness — and big wins will help provide it,” Kaplan said.

“However, money does not meet many unmet needs.”

While “acquiring something new” can “bring a little joy temporarily,” Kaplan noted, “that joy may disappear if more important issues of intimacy and family relationships go awry.”

He added: “We often see this with people who don’t have enough. They can act like a bottomless pit, draining all resources and draining everyone – with no increase in happiness.”

A jackpot might even create more “Relationship issues,” or expectations to share, “when the begging letter arrives,” he said. [the wealth] Test one’s generosity, as well as boundaries. ”

Some people fail these tests, so big wins “become stress generators, not stress relievers,” Kaplan said.

He also pointed out, “It may be Play The lottery is more sensational than winning or losing,” he said, “The thrill of uncertainty, the risks involved make it edgy and pulsating. “

“Gambling is the most serious addiction and the most difficult to treat,” he added.

A sales professional from the Boston area weighed in on the concept of lottery tickets and increased happiness from big wins.

“It’s amazing to be able to help family and friends in an important way,” he said, “but it’s a bit like being a movie star. You can’t go anywhere or do anything without the continued interest of other people.”

“You hear movie stars sometimes saying they miss the freedom that comes with anonymity,” he continued. “It could be the same as winning millions or even billions.”

His son in his early 20s, however, was quite different.

“I’ll get the cash!” he said.


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