According to Japanese law, only the nation's 47
prefectures and 12 specially designated cities may organize Takara-kuji
lotteries. A lottery must first obtain the approval of the local assembly and
then the Minister of Home Affairs.
The actual operation of the lottery
(i.e., printing and delivery of the tickets to retail outlets, public
relations, advertising, sales, draws, announcement of winning numbers, payment
of prizes, etc.) is entrusted by law to the bank.
Although several banks
have performed this function since 1945, The Dai-Ichi Kangyo Bank has long
taken a leading role and at present is the sole trustee. As trustee, The
Dai-Ichi Kangyo Bank is responsible for all business matters related to
Takara-kuji sales. In addition to direct ticket sales to customers through its
branches, the bank also entrusts part of its sales to retail outlets.
Furthermore, on top of super-vising and directing these vendors, the bank also
delivers the lottery tickets and collects the receipts.
approximately 10,067 Takara-kuji sales outlets, most of which were tobacco
shops, photo shops, supermarkets and other local businesses, which sold lottery
tickets as a sideline.
In major cities, however, there are also many
exclusive lottery vendors, who account for a large percentage of sales.
See also: Japan National Lottery
'Green Jumbo' Lottery Tickets Go On Sale Offering Top Prize of
150 Million Yen
MAINICHI, Japan (February 16, 2009) A
lottery whose top prize is 150 million yen went on sale on Monday, drawing
lines of people in front of lottery stands across the
Government Eyeing Lotteries To Finance Olympic
TOKYO, Japan (February 9, 2009) -- The
Tokyo metropolitan government is considering holding lotteries if the city is
selected to host the 2016 Summer Olympic Games to finance part of the costs of
constructing facilities for the event, metropolitan government sources said