The phrase "lake of fire" is unique to the book of the Revelation, but is a synonym for the term Gehenna (see Special Topic: Where Are the Dead?), which Jesus used often to denote Hell.

The specific OT allusion may be to Isa. 30:23-33 and Dan. 7:11. There are so many prophetic passages that connect judgment with fire or burning (see Special Topic:  Fire). This theme of an eternal fire is developed in apocalyptic Judaism (cf. Enoch 27:1ff; 54:1ff; 56:3ff; 90:26; IV Ezra 7:36; Apoc. of Baruch 59:10; 85:13 [list taken from George E. Ladd, Revelation, p. 258]).

 This phrase is used in Revelation in 20:10,14; 21:8. It was a place prepared for Satan and his angels, but humans who rebel against God will also find this as their ultimate dwelling place. It is the final dwelling place of Satan. It is the natural result of rebellion against God. It is a permanent form of the abyss (cf. Matt. 25:46; Rev. 9:11; 11:7; 17:8; 20:1,3).

The book of Revelation, again and again, tries to get fallen humans to come to God through Christ (cf. Rev. 9:20,21; 14:6-7; 16:9; 22:17), but they would not.  Therefore, God will isolate the wicked incalcirant into a separate place and then continue with His original purpose for creation (i.e., a place of fellowship between God and His highest creation, made in His image, mankind).  This is not the world God intended it to be, but it will be!

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