Is winning only $1 million dollars in the lottery enough to make you happy?

[Anonymous]

Updates

20 d

Is only 1 million dollars at most won in a competition
Enough to put a smile on your face?

[Levin]

That would be most splendid. I'd buy a reasonable house, away from fucktards. And then just chill. In England's green and pleasant land.

https://www.youtube.com/embed/MKRHWT6xdEU

Spend my days hill walking and love making.

Lots of chilling. Cost of living is relatively low here, plus I live a simple life.

The main thing is time. I'd follow my artistic inclinations and work when/how I feel like it, for myself and for the benefit of others.

[TommyMountainFigure]

1 million dollars is about £800,000 Squid.. You reckon you could by that place up there for that? Maintenance alone would be a fortune too.

[Anonymous]

Yes, i will be very happy, I mean, who wouldn't be? I would say go and f**k yourself to anyone who says money doesn't bring happiness because it does. And they themselves be making money by preaching that money doesn't bring happiness. Let me put it this way, if I have 1 million dollars, I can travel to some places that I always want to, I can have some fine food from some fine restaurants, and I can buy some makeup products or something I like. And I can also invest it on a business that I wanna start. Okay enough of it, let me get back to my poor life 😵😵😁😁

[Dinklex3]

I’d definitely be grateful/thankful.

$1mil is definitely a big win in the lottery , just not enough to share. Yes I’d have a big smile on my face. I’d smile winning anything over $500 in the lottery since I don’t usually win anything.

[Finchie40]

Absolutely , I would be perfectly content and live a comfortable life. I could easily live off of that million dollars , because I am pretty good with handling money and I know what I would have to do , to to make that money carry me until my life ends , I would still work , but it would be my own business , I would be my own boss and I wouldn’t work for anyone else. That would actually be the second thing that I would do with the money , the first thing I would do , is go on vacation and enjoy myself lol

[Somoneelse]

Maybe in a sort period as I believe money doesn't buy happiness. Espeially lotteries bring more problems than happiness. Especially if they make public who won it as they do a lot in my country. Thanks to stuff like taxes, familymembers wanting money from you, fake friends wanting money from you, getting harrassed by people knowing you won the lottery asking for money, frequent robberies/burglary's etc. Last time we won the lottery in our neighbourhood (some sort of street-price they have in our country), the next day already we got harrassed by beggers, collectors and scammers pretending to be "security companies" trying to fraud money out of us, claiming they have a special arrangement to protect recent winners from burglary's and stuff. So no I believe it won't make you happy. It will make you more depressed than happy.

[Somoneelse]

Thats also why the common joke in our country always is: "Congrats to the taxorganisation for winning x-milion euro's!"

[FunkyMonkee]

I'd make me happy but, I don't think it'd last very long. In the first place, just `cause you WON a million doesn't mean you GET a million! taxes come out, first. Even if you did get it all, as soon as you buy something with it, you're no longer a millionaire.

[Asker]

I live in Australia. People don’t get taxed on lottery money they win or the money they may win on TV game shows

[FunkyMonkee]

That's coo!!

[Anonymous]

Yes. For one thing it's enough to change your life if properly invested. But two, because it probably won't be headline news like winning 500million would. You win 500 million and I guarantee you you have a line of new friends outside your door the very next day. I prize my peace over money any day. Sometimes I think it would be a curse to win the lottery.

[sunflower00]

That money would completely change my life, of course I’d be happy. I’d be happy with 5k!

[NaultD]

Over joy but still got to work. Give myself double my normal income every month invest the rest. I'm a happy camper forever.

[jennifer_bloom]

Material things do not delight me, they satisfy my needs. I get delight from social things and intellectual things.

[abc3643]

Well, sure, I'd be out of debt.

Then my wife would steal the rest and spend it on her hobby-du-jour and it would all be gone... * POOF! *

[jamesgoldman]

It's enough to build a good portfolio so sure

A couple of my uncles were friends with the 'Lotto lout' he won £9.6million in the early 2000's and spent the lot

[FreyaRed]

Yes, 1 million is better than zero but 1 billion is better than 1 million and causes surely more happiness.

[Unit1]

Pretty much, although i would gamble it in the trading market and live off the profits while also increasing my capital.

Or you know, lose it all.

[lightbulb27]

Not smart. Compound interest is your best friend. Very hard to make up losses.

[Unit1]

@lightbulb27 Huh. You do have a good point! Homie Molonski told me about getting into European/German ETFs. Realistically it makes sense to go in with a whole million.

[lightbulb27]

yea what ya want is reliable growth of capital or dividends that compounds. that's how wealth made. gambling... e. g. trading is what is sold today and what drives human behavior in markets, but it doesn't pan out for most because hard to overcome headwinds of loss and taxes and costs and inflation.
ask me how I know... I've lost plenty. lose 50% have to make 100%+ to get back to even. losing money not good. compare that to "easy" 5% interest over time. Thus the value of evaluating risk, A) trust in all endeavors.
If you get lucky and make 10 million. you'll haeve another set of problems. Learning A) will help you. Gambling with 10 million will make very sad...

[Unit1]

@lightbulb27 True. Compounding with much bigger sums makes actual sense. Ah, i got his name almost correct. it's @molonski2

Trading makes more sense with smaller sums. For whatever reason trading feels like not 50% chance of making profit but 25%. It can either go up or down and i catch the ups around 30% of the time.

Andrew Tate mentioned, that becoming rich introduces an array of new problems and challenges. And i wish i had these problems and challenges instead of stretching my meals. Although it's kind of my fault too, that I have to do that if you remember 🙃

[lightbulb27]

true. losing $5 isn't so bad and maybe worth a gamble. But put that $5 away saved, and build it, and you'll have wealth in time. I started at zero as did wife. if I had to do it over again, gambling (risky bets) would not be part of it. but you have to know yourself and your abilities. If you have the skills and mind, can work. if not, do what you do best.
but maybe you haven't experienced losing so much. Losing a little isn't so bad, but losing it all is crushing blow. Don't want to lose your standard of living on mistake. Thus what you do now builds skills for later. I'd have a core position (secure, low risk, steady) and only gamble what you can afford to lose that doesn't wreck your life.
I resisted gambling our whole cruise trip recently because of experience gambling. It rarely pays... for me.
Tate right on that and the foundation you built will determine how you handle those problems. Must learn how to gauge risk, assess character and integrity of others. For if you have $, you'll be dealing with "wolves" al sorts of despicables... like stock brokers.

[Unit1]

@lightbulb27 How interesting that you mention losses.
I have suffered heavy losses on February and now in April. But after each loss I found a way to bounce back to where I was. This time however the impact was bigger. Here too I can bounce back despite suffering heavy losses.

The interesting thing about losses with my CFD trading is, that the more I lose, the more I can make back but only if I either have spare margin balance or deposit more to increase my free margin balance. That's the tricky part I am tackling still.

The first million is the hardest of all. After that it's said to be no longer really much of an uphill battle anymore. That's where I'm going with my money now.

[lightbulb27]

net net... are you coming out ahead after a year or even? If even, my 5% CD is better. If you are learning skills, that has value that is irreplaceable. Trading... is life. Everything is traded. you could get job as broker, real estate, art work, etc.. everything in this world is sold and often has intermediaries. Can buy and sell goods for profit too. lots of ways in USA to make $, not sure about Antacrtica...(don't want to reveal your local)
want to make billions... buy a transport ship:)!

[Unit1]

@lightbulb27 hehe, well, i was slightly above breakeven before April, now digging myself back to breakeven. Aikido is applicable here. Take the bad and turn it around.
Might be idiotic overall but that's my only ticket for now. My broker contacted me as i approached close to a margin call but mentioned, that I made 2x from my deposits, which is more in a short time than what most other traders went for.

[dreamstar72]

Yes for about six months then back to my old. But will be better off, because I will be debit free. Plus I will have a nice new Jeep.

[TommyMountainFigure]

Let's try an experiment.. Send me a Million, and I will send you a photo of me smiling!

[Marriedandavailable]

Happiness is independent from a money for me. Sometimes, a little smiling from a beautiful woman or any person who i try to make happy, is enough make me happy

[itsclearlynicholas]

I'm an ex gambler. In hindsight I was just chasing a rainbow 🌈

[JHAYES317]

No. Money can’t buy happiness. It’d make me HAPPIER but true happiness comes from within

[bolverk]

At my age $1,000,000.00 (£796,094.00) would easily keep me comfortable to the end of my life

[Iron_Man]

That should put me in pretty good shape. I’ll take it.

[Anonymous]

I’d be happpy for a bit but it wouldn’t last long. One million dollars isn’t enough to quit your job and live care free.

[BlueJeanGirl04]

yes i wouldn’t struggle to have fun and pay bills.

[midnightmoon05]

I was happy without the million.