Annual Public Welfare Lottery Sales Set to be 3rd Highest

January 20, 2020 | Lottery Sales

TAIPEI, Taiwan Public welfare lottery ticket sales in Taiwan for the year are expected to reach NT$124.1 billion (US$4.11 billion), the third highest since the lottery was introduced in 1999, The Central News Agency (CNA) report Taiwan Lottery Co., the exclusive public welfare lottery operator, said Tuesday.

The estimated lottery sales for this year also mark an increase of 12 percent from last year and the fourth consecutive year of growth, the company said.

As of Dec. 23, the public welfare lottery had generated NT$122.9 billion in sales, up 12.6 percent from a year earlier, mainly driven by the introduction of new scratch-off games, which contributed NT$62.2 billion, or 22 percent year-on-year growth, according to Taiwan Lottery General Manager Tsai Kuo-chi.

The booming sales were partly spurred by one person winning the NT$2.047 billion jackpot in the Aug. 12 Power Lottery draw, the biggest Power Lottery jackpot this year.

An estimated NT$27.2 billion from the surplus generated by public welfare lottery sales will be handed to the Ministry of Finance to be used on social welfare and security programs, Tsai said.

Looking ahead to 2020, Tsai said the company has set a sales goal of NT$126 billion, with computerized lotteries and instant scratch-off tickets accounting for NT$63 billion each

SOURCE: The Central News Agency (CNA).

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