| Title | 2024 Lottery Issuance Plan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Date | 2023-05-10 | Hit | 259 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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2024 Lottery Issuance Plan The lottery issuance plan aims to establish the type and name of the lottery to be issued in the upcoming year, the issuance amount, and the estimated sales amount, among other details, as stipulated in Article 4 of the "Lottery Ticket and Lottery Fund Act." During the meeting, the Lottery Committee decided to maintain the existing system for the type, name, and winning structure of the lottery to ensure sound management. The expected sales amount for next year was calculated based on this year's sales estimate and the average sales growth rate for the three years before the COVID-19 pandemic. As a result, the expected sales amount of lottery tickets for next year is predicted to increase by KRW 548.9 billion (8.1%) to KRW 7,291.8 billion compared to the previous year. < Estimated sales amount by lottery type in 2024>
If the lottery tickets are sold as expected, the proceeds from the lottery will increase by 228.7 billion won to 2.9684 trillion won in 2024, which will be used to finance the lottery fund project. < Lottery Proceeds by Year >
* Lottery revenue=total amount of ticket sales – prize money-expenses associated with distributing and selling the lottery tickets(such as commission fees, sales fees, and printing costs) According to Vice Minister Choi Sang-dae, the positive perception of the lottery among the public has been steadily improving, and as a result, lottery sales have been increasing. He mentioned that the government will strive to maintain this positive perception of the lottery by strengthening management and supervision of lottery retailers, and by ensuring the efficient use of lottery revenue in the future. According to a survey conducted by Ipsos, from October 2022 to November 2022, the percentage of respondents who had a positive perception of the lottery increased from 66.5% in 2020 to 73.7% in 2021, and further to 74.0% in 2022 |
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7.3 trillion won in lottery sales and 3.0 trillion won in lottery proceeds are expected for the next 2023-05-10 |
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Prevention and Response Plan for Lottery Accidents 2023-05-10 |