A famous study chronicling the life of the lucky lottery winners had a startling lesson: Within one year, all of the lucky people reported the same level of happiness as before they had the windfall, with many coming off worse than before.
On the other end, many people who have had tragic disabilities in life, end up normalizing the same and returning to the original level of happiness within one year. Extreme events, negative or positive, do not permanently change our level of happiness.
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