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Bangkok Post
Bangkok Post
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Turning lotteries into retirement funds

This photo shows a man buying lottery tickets on May 31, 2022. (Photo: Arnun Chonmahatrakool)

Lottery ticket sales in Thailand are a social and economic paradox. While the poor are the biggest buyers, they are also in dire need of savings for their old age. Common sense suggests that poor people should not put their hard-earned money into a game of chance. But there may be a way to bridge this gap and achieve a win-win situation. And not only the poor will benefit from this scheme, but also all lottery buyers.

How?

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