Does money bring happiness? ( Yes .. No)

I know a woman who had over a million $ in the bank 2 years ago and she's went through it by going on vacations, road trips, gambling, dining at expensive restaurants several times a week, shopping excessively, buying a new home & furnishing, etc...and bragging on FB like she has the perfect life. Now the money's gone and there's plans on selling the house and downgrading. Her happiness lasted as long as the money did.