Answer to Question #9141 in Microeconomics for sherry q

Question #9141
we see an unusually high rate of domestic issues and drepression among lottery winners. Why are these people, who have won millions of dollars, so unhappy? Explain with economics.
1
Expert's answer
2012-05-11T08:27:23-0400
Winning of million dollars does not mean that people know how to spend money. Second reason why people can be so unhappy – that they have to pay huge taxes, which sum is based on sum of winning money.

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