@TechReport{iza:izadps:dp2233,
            	author={Gardner, Jonathan and Oswald, Andrew J.},
            	title={Money and Mental Wellbeing: A Longitudinal Study of Medium-Sized Lottery Wins},
            	year={2006},
	month={Jul},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={2233},
            	url={https://www.iza.org/publications/dp2233},
	abstract={One of the famous questions in social science is whether money makes people happy. We offer new evidence by using longitudinal data on a random sample of Britons who receive medium-sized lottery wins of between £1000 and £120,000 (that is, up to approximately U.S. $200,000). When compared to two control groups – one with no wins and the other with small wins – these individuals go on eventually to exhibit significantly better psychological health. Two years after a lottery win, the average measured improvement in mental wellbeing is 1.4 GHQ points.},
	keywords={GHQ;psychological health;happiness;income},
            }