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Society

Report finds big jump in lottery sales

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2016-01-18 09:24Shanghai Daily Editor: Huang Mingrui

The sales of lottery in Shanghai in 2014 was nearly eight times that of 2000, while the lottery sales nationwide during the same period was over 20 times, a report by Shanghai Normal University said.

The report, released over the weekend, said sports lotteries were the most popular with a sales figure of 8.6 billion yuan ($1.31 billion) — accounting for 64 percent of the total lottery sales. The per capita expense on sports lotteries was 352 yuan and the year-over-year increase was about 88 percent.

The total national sales volume in 2014 was 382.4 billion yuan — 268 billion yuan more than the sales in gaming industry, and 353 billion yuan higher than the box-office earnings.

The public welfare fund raised by lottery sales between 2000 and 2014 was 497.4 billion yuan — 28 percent of which was used in social security fund.

The lottery sales in China will increase and keep pace with economic growth.

 

  

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