A lottery ticket is a numbered security sold at face value. After the draw, holders of winning tickets may claim prizes according to regulations. It is an entertainment game based on equal opportunity and characterized by fair competition. The state issues lottery tickets to raise public funds for supporting welfare, sports, and other social public undertakings. Thus, lotteries hold a special status and value in redistributing idle social funds and coordinating social conflicts.
However, lotteries are essentially a form of legalized gambling that embodies the characteristic of wagering small stakes for substantial returns. Consequently, lottery purchasing preferences are considered a typical manifestation of gambling preferences. Therefore, analyzing regional lottery sales data can help investigate the following research questions:
- Gambling Culture and Corporate Innovation. Gambling preference is a strong determinant of corporate innovation behavior. The gambling preferences of investors and managers appear to influence firms' innovation preferences and help translate industry growth opportunities into corporate value.
- Gambling Culture and Stock Markets. China's stock market often reflects investors' gambling preferences. Using per capita welfare lottery and sports lottery sales to characterize gambling culture enables identification of how regional gambling preferences affect local investors' participation in the stock market.
Currently, China has two major public-participation lottery series: China Welfare Lottery and China Sports Lottery. Based on their characteristics, these can be categorized into Lotto/numbers type, Zhongfu Online, Instant games, Video lottery, Keno type, and Sports betting type.
CnOpenData systematically collates China's lottery sales data, summarizing lottery sales from three perspectives: nationwide, by type, and by region, providing high-quality data resources for relevant research.
Time Period
Nationwide Lottery Sales Table: Jan 2008 - Dec 2025
Lottery Sales by Type Table: Apr 2009 - Dec 2025 (February 2020 data undisclosed)
Regional Lottery Sales Table: Jan 2008 - Dec 2025 (February 2020 data undisclosed)
Field Display
Sample Data
Nationwide Lottery Sales Table
Lottery Sales by Type Table
Regional Lottery Sales Table
Related Literature
- Ji, Q., Quan, X., Yin, H., & Yuan, Q. (2021). Gambling preferences and stock price crash risk: Evidence from China. Journal of Banking & Finance, 128, 106158.
- Chen, Y., Podolski, E. J., Rhee, S. G., & Veeraraghavan, M. (2014). Local gambling preferences and corporate innovative success. Journal of Financial and Quantitative Analysis, 49(1), 77-106.
- Blau, B. M., Bowles, T. B., & Whitby, R. J. (2016). Gambling preferences, options markets, and volatility. Journal of Financial and Quantitative Analysis, 51(2), 515-540.
- Adhikari, B. K., & Agrawal, A. (2016). Religion, gambling attitudes and corporate innovation. Journal of Corporate Finance, 37, 229-248.
Data Update Frequency
Annual updates