The future looks brighter for Thai retirees! The government’s plan for a pension lottery has been approved, offering a unique opportunity to win big while saving for retirement.
This lottery, specifically designed for registered members of the National Savings Fund, will be held every Friday.
The excitement doesn’t stop there! Five lucky winners will walk away with a cool one million baht each (first prize), while 10,000 others will win 1,000 baht each (second prize).
Here’s the best part: participation is accessible and affordable.
Tickets cost only 50 baht each and can be conveniently purchased 24/7 through the National Savings Fund app.
To encourage responsible saving, a monthly spending cap of 3,000 baht has been put in place. This ensures everyone gets a fair shot at winning while promoting smart financial habits.
But wait, there’s more!
This lottery is designed to be a win-win situation. All contributions, including money spent on tickets, will be refunded to members at retirement age (60) along with their accumulated savings. This guarantees that your retirement nest egg remains safe and secure.
Anyone between 15 and 59 years old who is a Thai citizen and not currently receiving government pensions or social security benefits can join the National Savings Fund. Members can contribute up to 13,200 baht annually, giving their retirement savings a significant boost.
