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[deleted] t1_jb52vm4 wrote

Reply to comment by KaimeiJay in Boeing employee bought lottery ticket because it was at $747M, a nod to the aircraft. She won the jackpot. by ChickenXing

It doesn't tell the whole story though, especially that 'you're fucked' segment.

If you're a generally sensible person in your normal life, you have nothing to fear from winning a lot of money.

There's a lot of confirmation bias in the research in regards to lottery winners, because many don't go public with their win and are not studyable (is that a word?).

The ones that do go public, and are therefore able to be researched, generally tend to be the more stupid winners.

Because no one sane or clever, would tell the world they just won 700m dollars.

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__FilthyFingers__ t1_jb5qyj3 wrote

Also, those who are sensible with their money are FAR less likely to gamble it away.

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BloodAndTsundere t1_jb62zjs wrote

> There's a lot of confirmation bias in the research in regards to lottery winners, because many don't go public with their win and are not studyable (is that a word?).

I think the bias might be a selection bias. The bulk of lottery tickets are likely purchased by the people who are least likely to make good decisions with money, demonstrated by the fact that they spend a lot on lotto tickets.

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