For households earning up to $123,000.
The small study group included 200 volunteers across seven countries. Anonymous donors gave a one-time sum of US$10,000 to each volunteer via PayPal transfers through a partnership with TED organization.The volunteers were told to spend all their money in the span of three months, followed by recording their levels of happiness on a monthly basis.
The researchers asked the volunteers to rank how happy they were with their lives on a scale of one to seven, as well as how often they felt happy feelings on a scale of one to five. One note to make, people who earned over $123,000 a year did not report any noticeable improvements in their happiness or mood.
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