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China's lottery sales for Nov up 37%

2010-12-20 13:36

BEIJING - China's lottery sales for November rose 36.9 percent year-on-year to 16.02 billion yuan ($2.4 billion), the Ministry of Finance (MOF) announced Monday.

The November figure took sales of lottery tickets in the first 11 months of the year to 149.06 billion yuan, a year-on-year increase of 25.1 percent, the MOF said in a statement on its website.

Sales of welfare lottery tickets in the first 11 months jumped 27.1 percent year-on-year to 86.57 billion yuan while sales of sports lottery tickets rose 22.4 percent year-on-year to 62.49 billion yuan.

According to China's Regulations on Lottery Management, money raised through lotteries is divided into three parts: the jackpot, lottery management fees, and lottery public funds.

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