China’s Welfare and Sports Lotteries sales have yielded ¥36.25bn in July 2021, an increase of ¥1.64bn from June, data from the Ministry of Finance has revealed.
The data also showed that sales have risen by ¥96m from the same period last year, with June 2020’s sales reaching ¥36.15bn.
Sales of lottery tickets to support China’s welfare system totalled ¥11.25bn in July, while sales of lottery tickets to support the country’s sports industry reached ¥25bn, according to the ministry.
The sports lottery sales continued the remarkable growth over the last few months, with sales increasing by ¥1.6bn in the last month after sales hiked by 23.9% in June.
The ministry’s data confirmed that In the first seven months of 2021, total lottery sales amounted to ¥214.68bn, up 34.1% year on year.
During this period, lottery ticket sales to support welfare in China stood at over ¥78.95bn, and ticket sales in support of the sports industry hit ¥135.73bn.
As per China’s lottery management rules, money from ticket sales is used for administrative expenses, public welfare projects and prize winnings.