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Economy

In Japan, the lottery is out and investing is in

Millennials crave gains, but the older set still finds risk hard to stomach

Japan's lottery sales for the year ended March were 23% off their peak in 2005.

TOKYO -- Yosuke Nii, a 29-year-old computer programmer, sees nothing cool about playing the lottery.

He's not alone. Japanese are increasingly shunning lotteries and opting for a more rational path to wealth: investment. They see lucrative opportunities across Asia, not to mention far better odds of hitting the jackpot. 

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