A couple of days ago I was listening to a podcast by Andy Andrews that posed an interesting question: “Would you rather win the lottery or live twice as long?”
It’s such an interesting question that I thought I’d weigh in on it, and ask you to do the same at the end of the post.
Living Twice as Long
In the podcast, Andy says he’d rather live twice as long. One of the main reasons was that he was concerned that extreme amounts of money might make him less likely to continue his calling as a writer and speaker who changes lives for the better.
His point was that he produces more and better work when he’s under the pressure of needing to feed his family. He’s a happier, more productive human being, and he changes more lives when he’s under pressure to produce life changing content.
Two Friends and Money
He even spoke of two friends, one very successful in his career, and one who never quite achieved the same success, despite having most of the same circumstances.
Andy speculated that the other friend never achieved great success because he had become indpendently wealthy from a large inheritance. He wasn’t under as much pressure to achieve because he didn’t need to.
Money Magnifies Stupidity
These are certainly valid points. We’ve all seen people who won the lottery, or who inherited a large sum of money, and all it did was magnify their stupidity while demotivating them at the same time.
It’s extremely easy to become lazy and unproductive when you have much more money than you need. So I get Andy’s logic as to why he made that choice.
Another Perspective
But let’s look at the flip side of the debate.
Specifically, there are two points I’d like to make:
- If you choose to live twice as long, you’ll be old for a really long time.
- If you choose the money, that’s not necessarily bad.
Choosing to live twice as long might seem like an obvious choice, especially to those of us who are Christians. It seems to be the more spiritual of the two choices because we don’t want to seem like we love money too much.
To many, money is a finite thing that can’t bring happiness on its own, so it seems that longer life might be better. But will a longer life make you any happier or enhance your life in any way?
That’s a hard call to make.
Let’s examine the two options and see.
Longer Life
First, none of us really knows how long we have on this Earth. If you knew you would die very soon, you’d probably be happy to choose to live twice as long, and that would be a wise choice.
But let’s look at the average life span.
In the U.S., the average life span according to this Google search is 78.7 years. So if you live twice as long as the average person, you’d live to be just over 157 years old!
Could you imagine being a centenarian for 57 years?
It’s hard to imagine reaching the age of 100 and remaining reasonably functional, much less 157!
I’m not sure being that old for that long would be something I’d want to do. It seems to me that would potentially be a very difficult life to live due to physical limitations, cognitive decline, and the distinct probability of outliving the money you made during your working years.
You would also have to go through losing every one you love at some point in your life.
That’s tough.
Becoming Rich, Changing the World
On the other hand, suddenly getting hundreds of millions of dollars and continuing with a normal life span might be a better deal.
I do realize that huge amounts of money can be a corrupting influence in a person’s life, but it’s not the money that’s the problem, it’s how the person reacts to the money.
Just like Andy, I would also be concerned about becoming complacent if I had that much money.
But I also realize that having that much money can allow a person to become insanely generous as well. It can serve to accelerate and enhance one’s purpose on Earth just as easily as it can take away from it.
You can waste it all, or leave a legacy of generational wealth that long outlasts your life.
That much money, properly invested and placed in the right hands, can change the world.
Gates and Buffett
Two great examples are Bill Gates and Warren Buffet.
Gates and Buffet are two of the richest people in the world, and they have committed most of their billions to curing diseases, expanding educational opportunities, and reducing poverty. The extreme amounts of money under their control helps them save literally millions of lives each year.
These stories of generosity are more common than you might think. There are wealthy, generous people who are changing the world for the better every day that you never hear about because negative stories about greed and corruption make better headlines.
Time and Money Can Both Be Wasted
In the end, I believe in the right person’s hands, great wealth could be better than a long life.
It all comes down to what you do with your life and what you’re given.
You can waste both no matter how much you have.
So the inevitable question arises. Would you rather win the lottery, or live twice as long?
Leave a comment and let me know.
By the way, if you’ve never heard of Andy Andrews, this guy is brilliant writer, storyteller, and thinker that will knock your socks off! Make it a point to visit his home page and check out his books here.
Photo Credit: N. Feans via Compfight cc
You sleep for 8 hours at night and you work for 8 hours, so 8 hours are left for chores and fun.
If you win the lottery, you don’t have to work anymore, so you’ll gain 8 extra hours a day. You’ll get about three times the spare time, because you still only need to do chores once a day.
This extra time enables you to create things for yourself instead of for your boss. If at home you just consume media, but not create it and if you have a simple non creative job, you’re expendable and if you were replaced, nothing would change.
In these extra 8 hours, you can create your own things and start your own business if you want and change the world a little or a lot.
Although if you live twice as long, you have no job for over half your live (so even more spare time) because you’re too old for it. You’re also too old for many other things. Also you’ll never earn as much money as you did in the lottery.
Yeah, I’m not as concerned with living longer. Although I do appreciate the hustle that arises from a need to produce. However, if I had to pick one, I’d say money. However, I do think I would give the majority of the money away. Or at least put it into a trust aimed at seeding businesses in the inner city. I would hate for it to go to consumable items with no appreciable impact on the future. I would probably need to have drawn up before so the normal part of me didn’t change my mind and decide to go on a shopping spree. LOL! Good question to ponder though.
I’m with you, just spending the money on material things is not the highest and best use of money. Money can have an eternal and widespread impact if you use it in the right way. However, even the bible says that we should use some of what we have for our own enjoyment. So, nothing necessarily wrong with the occasional shopping spree (within reason of course!).
I’m with you. I’d rather live well (money helps!) which includes being able to help others. Extra years means nothing if one is miserable and unable to reach full potential.
I agree. You can change a lot of lives with that kind of money! Don’t think I’d want to live twice the average life span.