Not buying lottery tickets
Original: eternity4719 · source details
Original author: eternity4719 · Chinese source: · English adaptation: parveen0029. Translation and grade notes ↗
Bibliographic titles are retained in their original language.
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Cost and benefit at a glance
In plain terms
According to regulations, at least 50% of sales revenue from lottery games must be paid out as prizes; for the Double Color Ball game, this figure is 51%. In other words, for every 1 yuan you spend, you can expect to receive back only 0.51 yuan on average over time — meaning you lose 49% of your money. In 2024, China sold 623.486 billion yuan worth of lottery tickets; of that amount, 161.031 billion yuan went directly into public welfare funds and was never distributed as prizes.
This guide's cartoon · show illustration
Enlarge illustrationOriginal illustration with Chinese lettering; the English dialogue is below. Humour is a reading aid, not evidence.
English dialogue
- Hang on. I never agreed to renew!
Cost: what it takes
It costs nothing. Not buying means you save money.
Benefit: what the source reports
Fiscal regulations set minimum payout ratios: 50% for lottery and number-based games, 65% for instant-win games, and 73% for wagering games. For the Double Color Ball game, 51% of sales revenue is allocated to prizes, which means only 51 yuan out of every 100 yuan spent is paid out as winnings. On a personal level, this translates to an average return of just 0.51 yuan per 1 yuan spent over time — a net loss of 49%. In 2024, total lottery sales in China reached 623.486 billion yuan; 161.031 billion yuan of that amount was earmarked for public welfare and never returned to players (China, 2024).
Conditions, limits and disagreements
Over the long run, buying lottery tickets guarantees a financial loss; this is a fixed rule of the system and has nothing to do with luck. Buying tickets is fine if you treat it as a form of entertainment costing 2 yuan per play, but it should never be viewed as a way to invest or save money.
Original references
Original bibliographic titles and links are preserved; some titles are in Chinese.
财政部 (2015). 关于规范和加强彩票资金构成比例管理的通知(财综〔2015〕94 号). http://m.mof.gov.cn/czxw/201511/t20151113_1560814.htm;财政部 (2025). 财政部公告 2025 年第 8 号(2024 年彩票公益金筹集分配情况). http://zhs.mof.gov.cn/zhengcefabu/202508/t20250828_3970977.htm;中国福利彩票双色球游戏规则(第十四条). https://mzj.nc.gov.cn/ncsmzj/flcp/202111/5dccc1a5da89434e94a62f8ea0e5887e.shtml
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