Money serves welfare projects
China lottery sales jump 3.5% in H1
China's lottery sales rose 3.5% year on year to 194 billion yuan (USD 30 billion U.S. dollars) in the first half of 2016, official data showed.
2016-08-03
Reading time 27 seg
China's lottery sales rose 3.5% year on year to 194 billion yuan (USD 30 billion U.S. dollars) in the first half of 2016, official data showed.
Sales of welfare lottery tickets dropped 0.5 percent to 102 billion yuan, while sports lottery sales increased 8.4 percent to 92 billion yuan, the Ministry of Finance said in a statement released this week.
““The lottery sales in south China's Guangdong Province in H1 climbed the most, up by 2.42 billion yuan
”
Meanwhile, Hubei, Henan and Yunnan also posted large increases, according to the statement.
Under lottery management rules, money from ticket sales must cover administrative fees and public welfare projects as well as the jackpot.
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