Over 50% of Chinese blue collars sees lottery an investment

Nearly half of Chinese blue collar millennials are more inclined to send their savings straight to a lottery outlet than in banks, a survey result showed.

The survey also indicated that blue collar workers born from 1990 onwards values lottery products than “self-improvement.

According to news website China News Service, majority of the 5,110 survey respondents aged 15 to 25 sees lottery tickets a means of investment while less than one in five are willing to spend much on self-improvement.

When it comes to personal financing, over half of the blue collars in 31 cities across China thinks that it is an act reserved for the rich while there are over 80 percent of second-generation migrant who say they have a plan in terms of their spending.