Racing might be being less than gently encouraged to reduce its revenues – because gambling is bad – but the government is desperately trying to breathe new life into one of its myriad gambling rip-offs “lotteries”. Because gambling blindly on numbers is obviously good for society.

According to the Korea Times, lottery revenues have fallen from 3.8 Trillion won in 2003 to 2.4 Trillion won last year as punter move to more sophisticated online – and illegal – gambling platforms. To try to counter this, one government-run lottery, the scratchcard based “Speetto 2000” is offering players a salary instead of a lump-sum. While a familiar concept around the world, where most lotteries offer winners the chance to receive their prizes in installments, this is a first for Korea.

Marketed as a “Pension” in a society where the idea of a private pension is just taking off, starting next April, Speetto 2000 is offering a first prize of 5 Million won (about $4,6000) won payable every month for twenty years. Previously known for a 2006 incident where they mistakenly printed too many jackpot tickets, Speetto is also abandoning smaller cash prizes for runners-up. Instead, those who score a near-miss will receive an electric car. Which they can use to drive to the track.

Mockery aside, Gyongmaman will be purchasing his ticket come next April. 5 Million won is a pretty healthy pot to start handicapping the weekend’s form with.