According to a research report by Yonhap News Agency on the 16th, South Korea's lottery sales are 26% lower than the average of OECD member countries, and the per capita amount of lottery purchases is also more than 30000 Korean won (approximately 162 yuan) lower than a reasonable level.
According to a report obtained by the Planning and Finance Committee of the South Korean National Assembly on the 16th from the Ministry of Planning and Finance, global lottery sales in 2021 amounted to $301.91 billion. The lottery sales of OECD member countries are $230.689 billion, accounting for 76% of global sales. South Korea's lottery sales are $5.019 billion, about 26% lower than the OECD average of $6.785 billion, ranking 10th out of 34 member countries.
According to reports, the report considers various factors such as the characteristics of lottery varieties, the social status and economic capacity of buyers, and calculates a relatively reasonable market size for the lottery industry in South Korea.
The results show that the relatively reasonable sales scale in 2021 is 6.3345 billion US dollars, which is 1.3251 billion US dollars higher than the actual sales. The reasonable per capita purchase amount for the lottery is $122, which is $25 higher than the actual purchase amount ($97). That is to say, an increase of 33000 Korean won in per capita purchase volume throughout the year is necessary to reach a reasonable level.
According to an earlier report by Yonhap News Agency, in recent years, annual lottery sales in South Korea have gradually increased. Among them, the total sales of lottery tickets in South Korea in 2022 were 6.43 trillion won, a year-on-year increase of 7.6%, surpassing 6 trillion won for the first time.