lottery sales near 30 bln yuan in October


Sales of lottery tickets to support Chinas welre system totaled 12.58 billion yuan in October, while sales of lottery tickets to support the countrys sports industry reached 16.8 billion yuan, according to the ministry.

File photo/Jin Shuiping (NBD)

In the first 10 months, total lottery sales amounted to 307.9 billion yuan, up 17.8 percent year on year.

Under Chinas lottery management rules, funds raised from ticket sales are used for administrative expenses, public welre projects and prize winnings.

Chinas lottery ticket sales totaled 29.39 billion yuan (about 4.6 billion U.S. dollars) in October, down 4.3 percent year on year, data from the Ministry of Finance showed Tuesday.