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Welfare lottery sales up 5.1 pct in 2017


China’s welfare lottery sales increased 5.1 percent year-on-year in 2017, reaching RMB 217 billion (US$33 billion), Xinhua reports.

According to a statement by the welfare lottery distribution and management center, the lottery raised more than RMB 60 billion for public welfare funds in the year.

Under the current rules, half of the welfare proceeds go to the state coffer, mainly used to supplement social security and special aid projects. The other half supports social welfare and charities managed by local governments.

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