Thai party leader Sudarat proposes ‘pension lottery’ to encourage savings for old age

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Sudarat said her party plans a new lottery scheme in which buyers will get their invested money back at the age of 60, 70 and 80 while having a chance to win big prizes in every draw.

In a Facebook post on Friday, Sudarat said: “You have lost your money in buying lottery tickets, haven’t you?”

She said Thai people often neglected saving money in banks, saying they did not have enough to put aside, but they always bought lottery tickets. She said the payout would include the first prize, two and three-digit prizes and a jackpot prize. She did not elaborate on the prize amounts.

 

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