"For if by the one man’s offense death reigned through the one, much more those who receive abundance of grace and of the gift of righteousness will reign in life through the One, Jesus Christ." (Romans 5:17 NKJV)
The verse could be paraphrased as "if by Adam's offence, spiritual death which is the nature of satan reign over humans much more, they who receive abundance of grace and the free gift of righteousness shall reign in life by Jesus Christ.
The Amplified translation and some other translations, translated it as, "reign as Kings in life"
What are we to reign over? - Devil and demons, circumstances, diseases, sin, hatred and everything that is of the devil. For the fact that Mark 16:15-17 says the believer could cast out devils is a proof that the believer has ascendancy over them.
As we get into God's Word and meditate on its truth we actually begin in practical experience to reign in life by Christ Jesus
"giving thanks to the Father who has qualified us to be partakers of the inheritance of the saints in the light. He has delivered us from the power of darkness and conveyed us into the kingdom of the Son of His love" (Colossians 1:12, 13 NKJV)
The Apostle Paul is talking here about giving thanks unto God the Father for something that belongs to us right now - God has made us able to be partakers of the of the inheritance of the saints in light.
The saints inherited something, and verse 13 begins to tell us about that inheritance...
Firstly, God has delivered us from the power, or authority of satan. By implication, it was a total emancipation from everything that belongs to satan such as sickness, sin, disease, poverty - He has taken us from under the control and dominion of darkness and placed us far far above.
Hence, Instead of satan reigning over us, we are to reign over him.
Too often, Believers are ruled and dominated by the devil, circumstances and everything else in this world.
This is not suppose to be, having identified with wonderful Name of Jesus we are to reign in His power and dominion: all we do is win!
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