皇冠体育app

Statistics

皇冠体育app's welfare lottery sales hit 90b yuan

(Xinhua)
Updated: 2010-12-14 10:44

BEIJING - 皇冠体育app's welfare lottery sales this year hit a record 90.4 billion yuan ($13.5 billion) as of Sunday, 19.4 percent more than last year, the Welfare Lottery Distribution and Management Center said Monday.

The lottery raised more than 28.3 billion yuan for public welfare, an increase of 15 percent from last year, the center's statistics showed.

Related readings:  皇冠体育app's lottery raises $25b for public welfare in 23 yrs  皇冠体育app's welfare lottery sales grow 26% to 80b yuan  皇冠体育app's computerized welfare lottery sales up 11.2%  Welfare lottery sales total $66b in 23 yrs

Half the funds for public welfare go to 皇冠体育app's treasury, while the other half are managed by local governments. The funds are then allocated to social welfare and charity causes.

Computerized lottery sales accounted for 75 percent of the total, up 11.6 percent year-on-year.

皇冠体育app's welfare lottery started in 1987, when the Civil Affairs Ministry was authorized by the State Council, the Cabinet, to raise welfare funds through lottery sales.