20 January 2019

China lottery sales topped 300 bln yuan in 2013, Xinhua says

Lottery sales in China reached 309.33 billion yuan (US$50.66 billion) in 2013, up 18.3 percent from the previous year, Xinhua news agency reported Tuesday, citing the Ministry of Finance. Welfare lottery sales amounted to 176.53 billion yuan, an increase of 16.9 percent year on year, while sports lottery sales rose 20.2 percent to 132.80 billion yuan, it said. The ministry attributed the jump in sales to new lottery products going on sale, promotion of quiz-style games and more outlets for online lottery games. Money raised through lotteries is used for the jackpot, management fees and public lottery funds. Lottery sales in December amounted to 30.28 billion yuan, up 13 percent year on year. 

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