Bangkok, Preparing to bring the 'retirement lottery' to the Cabinet meeting tomorrow (July 16) to stimulate people's savings through lottery purchases. Mr. Phao Phum Rojanasakul, Deputy Minister of Finance, said that the "retirement lottery" is to stimulate people's savings through buying lottery tickets. If you win, you will get an additional prize. But if you don't win, all the money you buy from the lottery will be saved in your personal account until you are 60 years old. Every baht and satang will be in the prize money account. If it is won, it will be taken from the government budget to create an incentive for saving. This is the main purpose. The secondary purpose is to collect information from the people. The group that has the right to participate in the retirement lottery is more than 20 million informal workers with uncertain income. This group of people will be able to enter the system. Source: Thai News Agency