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Lottery Sales Double in 2024 Compared to Decade Earlier

Written: 2025-01-28 15:58:12Updated: 2025-01-28 15:59:01

Lottery Sales Double in 2024 Compared to Decade Earlier

Photo : YONHAP News

Lottery sales last year doubled the amount from a decade earlier despite the ongoing economic downturn.

According to the office of main opposition Democratic Party(DP) Rep. Shin Yeong-dae, which obtained related data from the finance ministry, lottery worth seven-point-33 trillion won, or around five billion U.S. dollars, were sold in 2024.

The amount increased 106-point-three percent compared to three-point-56 trillion won in 2015.

Instant lottery ticket sales sharply rose by 427-point-three percent, from 170 billion won in 2015 to around 895 billion won in 2024.

Sales of Lotto tickets gradually expanded since 2015 to jump from some three-point-26 trillion won to five-point-96 trillion won.

The DP lawmaker said the drastic rise in lottery sales is a reflection of economic difficulties experienced by the country's working class.

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