Data from the Ministry of Finance has revealed Chinese lottery ticket sales increased by 6.7% year-on-year in September.
As reported by People’s Daily, total Chinese lottery ticket sales reached ¥33.33bn ($4.64bn) in September, comparing favourably to other months in the year such as June (¥31.98bn – $4.39bn) and April (¥31.07bn – $4.27bn).
June figures showed a 7.6% decrease year-on-year while April’s increased by 6.8% year-on-year.
Between January and June 2022, Chinese lottery ticket sales totalled ¥182.06bn ($26.91bn), an increase of 2% year-on-year.
Meanwhile, lottery ticket sales to support the welfare system also enjoyed a rise of 4% year-on-year to ¥12.32bn ($1.69bn), while lottery tickets sold to support the sports industry increased by 8.3% year-on-year to ¥21.01bn ($2.89bn).
In the first nine months of 2022, Chinese lottery ticket sales stood at ¥281.24bn ($38.72bn), up 1% compared with the same period last year.
Under China’s lottery management rules, funds raised from ticket sales are used for administrative expenses, public welfare projects, and to fund prizes.