100 Things You Should Know About People: #21 — You Overestimate Your Reactions to Future Events

Lottery ticketHere’s is a thought experiment — On a scale of 1 to 10, with 1 being the lowest and 10 being the highest, rate how happy you are right now. Write that number down. Now, I want you to imagine that today you win the lottery. You now have more money than you ever thought you would. You have millions and millions of dollars. At the end of today what would be your happiness rating? Write that number down. What about 2 years from now? What will be your happiness rating 2 years from now if today you win millions and millions in the lottery?

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