China's lottery ticket sales rose 7.6% over the year to 623.49 billion yuan in 2024, Xinhua reported Friday, citing data from the Ministry of Finance.
Sales of lottery tickets supporting the country's welfare system reached about 208 billion yuan in 2024, a 7% increase from the prior year.
Sports industry-related lottery ticket sales rose 7.9% to 415.53 billion yuan, the ministry said.
In December last year, the country's lottery ticket sales were 57.57 billion yuan, an 8% yearly increase.
Under China's lottery management rules, funds raised from ticket sales are used for administrative expenses, public welfare projects, and prizes, the publication said.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。