Off the wire
• Ukraine loses two-thirds of foreign reserves in 2014  • Former Botswana's VP to be buried on Saturday  • Czech police extends checks on passengers arriving in Prague airport  • Syria accuses Turkey of terrorism growth in the region  • Mass cheating in S. African exams prompts investigation  • 11 Zimbabwean immigrants killed in Botswana car accident  • Belgium: threat of immediate strike ruled out  • 1st LD Writethru: Death toll in Indian-controlled Kashmir vehicular collision rises to 7  • Schalke to sign Manchester City's Matija Nastasic on loan  • S. Africa warns Rwanda rebel group of consequences for failing to disarm  
You are here: 　 Home

China's 2014 welfare lottery sales hit 206 bln yuan

Xinhua, January 12, 2015 Adjust font size:

China's major lottery, the welfare lottery,saw sales of 205.96 billion yuan (about 33.6 billion U.S. dollars) in 2014, up 16.67 percent year on year, authorities announced Monday.

Last year it raised more than 57 billion yuan in public welfare funds, according to the China Welfare Lottery Issuing and Management Center.

Lottery sales are divided up to cover the jackpot as well as lottery management fees and public welfare fund.

The majority of money allocated to the public welfare fund covers social insurance programs, poverty relief, initiatives for the disabled as well as donations to other charity projects.

From 1987 to 2014, sales of the welfare lottery totaled 1,170 billion yuan, raising 360 billion yuan in public welfare funds, according to the center. Endi