China’s Welfare and Sports lotteries sales totaled ¥373.29bn in 2021, up 11.8% year on year, data from the Ministry of Finance showed.
The Ministry’s data revealed that lottery ticket sales to boost China’s welfare system-generated ¥142.26bn last year, while sales of lottery tickets to support the country’s sports industry stood at ¥231.03bn.
To conclude 2021, December’s total lottery sales amounted to ¥32.26bn, down 11.7% year on year.
This is also a drop from November’s tally of ¥33.1bn, continuing the trend of falling monthly sales in China throughout the second half of the year. November was the first month to see monthly growth since June, rising 12.7% from the previous month.
China’s lottery sales did not rise for 18 months between February 2019 and September 2020, but experienced monthly growth during the first period of 2021.
Under China’s lottery management rules, funds raised from ticket sales are used for administrative expenses, public welfare projects and prize winnings.