The idea is that people will be more interested in saving with a low interest rate with the chance to win more than having the higher interest rate. In Ireland

The idea is that people will be more interested in saving with a low interest rate with the chance to win more than having the higher interest rate. In Ireland the state runs this thing called prize bonds which is a similar idea https://www.statesavings.ie/help-support/help-articles/how-do-prize-bonds-work https://www.statesavings.ie/help-support/help-articles/how-d...