TED-ED: Would winning the lottery make you happier? - Raj Raghunathan

The video explores the concept of hedonic adaptation, showing that winning the lottery doesn't guarantee long-term happiness. Studies reveal that people adapt to new wealth, returning to a baseline level of happiness. Challenges like managing money and social isolation can arise. However, spending on experiences and others can enhance happiness. The video concludes by encouraging reflection on how to use wealth wisely.

What are some reasons mentioned in the text that might explain why wealth can lead to unhappiness?

Discuss the findings related to spending money on others versus spending it on oneself.