CHINA China's lottery sales near 30 bln yuan in October


China's lottery sales near 30 bln yuan in October

09:44, December 01, 2021

China's lottery ticket sales totaled 29.39 billion yuan (about 4.6 billion U.S. dollars) in October, down 4.3 percent year on year, data from the Ministry of Finance showed Tuesday.

(File photo: Xinhua)

Sales of lottery tickets to support China's welfare system totaled 12.58 billion yuan in October, while sales of lottery tickets to support the country's sports industry reached 16.8 billion yuan, according to the ministry.

In the first 10 months, total lottery sales amounted to 307.9 billion yuan, up 17.8 percent year on year.

Under China's lottery management rules, funds raised from ticket sales are used for administrative expenses, public welfare projects and prize winnings.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue