Friday, January 3, 2020

Why Keep Working After Winning a Mega-Lottery

Why Keep Working After Winning a Mega-Lottery How many reasons are there to stay on the job or, instead, to quit after winning a mega Power Ball lotterysay, $100 million? Those who believe that we are all special, different, etc., will say as many reasons as there are people. The more scientifically, statistically or category-minded will say notlage that many. Dodging that squabble by setting it aside, it may nonetheless be illuminating to ask oneself whether and why the choice would be to quit or continue working.A June 2, 2011 Christian Science Monitor article, Powerball numbers Why do lottery winners keep working?, citing a 2004 study, reported that of the 185 winners surveys examined in the study, 63 percent continued working full time at the same company after they won the lottery. Others started their own geschftsleben (10 percent) or cut back to part time (11 percent). In all, 85 percent st ayed in the workplace. The study focused on work centrality and prize size as the key variables determining the work or walk choice, with quitting correlating with high winnings and greater emphasis on the importance of work in ones life. So, what would you dowork, or walk?Without knowing each and every one of you, I am nonetheless willing to have a stab at a list of reasonssome deep, maybe deeply unconscious, that are likely to be offered by or affect a lot of you or us.Why Still Work and Not Walk?Lets start with reasons for continuing to work after the big win. (In Part II, reasons for quitting instead will be presented and examined)1. Work-based identity If you define yourself by your work (as a manifestation of work centrality), quitting may seem like self-annihilation. Like a concert pianist who develops severe arthritis and can no longer play, someone whose life is his work and whose work is his life may find it very difficult to imagine such a drastic change in identity as we ll as in lifestyle. Even though, unlike arthritis, a winning lottery ticket expands ones choices, the grip of a work-based self-definition can be as powerful a deterrent to quitting as arthritis is to playing.Staying at the job is especially likely when the web of ones lifes rewards is spun with the job as the sole or main thread, e.g., financial, social, moral, intellectual, creative or status. It is also extremely likely in the case of a mono-careera resume with only one job on it (or at least for the bulk of ones working life).Someone with a mono-career is more likely to resemble a circus ring-master with only one act, e.g., a dog-and-pony show, which then not only exhaustively defines the circusand by implication the circus-master, but also can rattle both if it folds.Job-masters with more than one ringlike a circus with lions, tigers, clowns, acrobats and fire-eaters in addition to the dogs and poniesare almost certainly not going to define themselves in solely canine-equine te rms or feel lost, helpless or useless if the pups and ponies run off.Whatever risks of poly-careers duly noted, having more than one act in ones career circus, like having more than one arrow in ones quiver, makes losing the one at or in hand much less likely to escalate into a financial or existential catastrophe. 2. Narrow stimulation bandwidth When the most stimulating thing in someones life is work, it is tempting to cite that as a sufficient or at least an excellent reason for continuing to work after winning the jackpot.But that leap is a tad too quick and too far, because it vaults over the question why nothing elseincluding nothing new or familiarcould match or surpass the stimulation of the job, or even of any job.It also ignores the possibility that the only reason the job has been the sole or main source of stimulation is that its demands left no time or energy for anything else. Hence, continuing to work at such a job can be tantamount to continued job-imposed limitation of awareness, interests, energy, time and opportunities.This is to say that, in some cases, a narrow personal range of experienced, understood or desired stimulation is in fact a consequence of having a work-based identity.This is especially likely to be the case with lifetime grueling jobs, e.g., manual laborer or assembly-line worker, that allow and leave little energy, opportunity or imagination for (alternate) stimulationapart from the common compensations of TV, dinner, beer and bowling night.Because many, if not most, such after-work episodic rewards cant fill the entire day, every day (with the common and unfortunate exception of TV), Id be bored is often the most predictable response to Why wouldnt you stop working?3. Work-ethic induced guilt Justify your existence, Fabian socialist and playwright George Bernard Shaw demanded in a scratchy 1931 newsreel. His heavy-handed produce-or-die speech (regarded by some as a quintessentially-Shaw, witty parody of extreme eugenicist v iews, but hammered by his critics as being no joke), although extreme by comparison, is a spooky version of the Protestant work ethic, which is better encapsulated as produce-or-at-least-feel-guilty. Some people, even when they are entitled to stop working, e.g., at retirement age, simply cant stop thinking a bit like Shaw (or those he is said to have been parodying).Id be uselesswithout purpose (as though lifes only purposes relate to paid production of goods and services for others, to the exclusion of the likes of home gardening, painting, learning, travel, teaching a grandchild how to build a tree house and even volunteering).Youd think that winning a mega-lottery would provide $100 million mini-reasons for quitting but, because the money isnt earned, it somehow seems taintedor at least taints the idea of quitting work in order to put the money to use or under ones pillow for comfort and fun.Thats one downside of the Protestant work ethic. Quitting ones job after winning the jac kpot would presumably free up a lot of time to think about and find even more such downsides.4. Fear of the unknown Have you never heard anyone say, But this job is all that I know (where know means both master and feel comfortable with). This was encapsulated in a great line in a movie I saw recently, where a grit-for-spit veteran marine, resigning at the twilight of his career says, Everything I know is in there (pointing to his dossier), with precisely that dual nuance. Most susceptible to this kind of thinking are those who, if not temperamentally predisposed to keeping things routine, well-circumscribed and undemanding, find themselves in lifetime jobs that make them live as well as think inside the safe confines of the box.Its only speculation, but reasonable to suggest that any such generalized, diffuse fear of the unknown may very well be fed by the same fears and needs, e.g., about safety.5. Some irreplaceable hook All of my close friends are co-workers. Id miss them too mu ch. Thats a hookespecially if youre not good at making new friends or dont expect any opportunities to make them if you quit. From the standpoint of lottery winner studies, this would also constitute a form of work centrality as a cardinal value.Before stomping on this reason to work rather than walk, consider how you would feel about your prospects of making new friends to replace your work circle. All that lottery loot dooms any certainty that new friends would not rather bond with your bonds than with you.Of course, old friends at work may turn on you toobut at least its possible that they (still) really like you as well as your money, even if not as much.There are countless other possible hooks Your job as director of a world-hunger NGO provides you a unique platform from which to do more good for the poor than you imagine your new cash could, despite the staggering amount. Or, like Mick Jagger, who could fund, without having to win, that lottery, maybe you think your job and it s spinoffs provide way more fun or satisfac-shun than whatever any amount of money (left to acquire) could buy.The scope of the hook doesnt have to be as colossal as ending world hunger or going on a world RB tour it could be as simple as wanting to be with your friends.Or to be able to go dibs with them in the office pool for the next lottery drawonce you certainly can afford to.________________________Next In Part II, Why Quit Working After Winning a Mega-Lottery?, subtle reasons some lottery winners (would) quit.