An extensive study of the labor supply behavior of 1,000 lottery winners who won a jackpot of more than $50,000 is revealing. Nearly 25 percent of the winners (and of their spouses) left the labor force within a year, and an additional 9 percent reduced the number of hours they worked or quit a second job. Not surprisingly, the labor supply effects of lottery income depended on the size of the jackpot. Only 4 percent of the winners who won a jackpot between $50,000 and $200,000 left the labor force, but nearly 40 percent of those whose jackpot exceeded $1 million retired to the “easy life.” The experience of David Sneath, who worked at a Ford Motor Company warehouse for 34 years, says everything that needs to be said about income effects. After picking up his first payment on a $136 million jack- pot, “I yelled to the boss, ‘I’m out of here.’”