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Lottery sales skyrocket in China.
Lottery sales skyrocket in China.
EQUIVALENT TO ABOUT 13,000 MILLION DOLLARS.
China"s lottery sales reached 84.52 billion yuan ($ 13.07 billion) in the first quarter of the year, data from the Ministry of Finance shows.
Sales of the public welfare lottery totaled 34 billion yuan in the aforementioned period, while sales of the sports lottery reached 50.53 billion yuan, according to the ministry.
In March alone, lottery ticket sales amounted to 29.81 billion yuan, with relatively high sales volumes in Guangdong, Zhejiang, Shandong, Jiangsu and Henan provinces.
According to management rules of the Chinese lottery, money from lottery sales is used for administrative expenses, public welfare projects and prizes.
