High-Value Life GuideLife's expensive mistakes
中文

Policy, legal and insurance guides primarily concern mainland China. Scope and sources ↗

Back to the life guide

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.

Source author's views and grades; not individually verified by this site.

Cost and benefit at a glance
Check the cost Cost ↓
It costs nothing. Not buying means you save money.
Then the source benefit Benefit ↓
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 …

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
Chapter 5 editorial cartoon: You're on a trial. It's on life support. Enlarge illustration
You're on a trial. It's on life support.

Zoom in, then swipe to move around the picture.

Loading full-size illustration…

Editorial cartoon · Chapter 5You're on a trial. It's on life support.

Original 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

Medical, legal, financial and policy conditions vary by person, place and time. Policy material primarily concerns mainland China; check the cited document and current local requirements.