Monday 22 August 2022

People flock to purchase lottery tickets after two million-USD Vietlott jackpots




A lottery ticket seller said sales had rapidly increased from VND2m (USD90) per day to VND10m. Especially on Wednesday, Friday and Sunday once the draws take place, revenue often doubles or triples on these days.

"People want to try their luck and select unique numbers. Some like their date of birth, others choose their phone numbers," a supplier said.

Most retail locations on Truong Chinh or Thanh Thai streets have observed a rise in how many customers. Vietlott's tickets also appear and attract a lot of people in lots of provinces in the central region and highlands as buyers resell their tickets for profits.


Everyone hopes they would be the next winner while the prize increases. For the first draw, Vietlott prepared VND12bn (USD545,500) and within the next 93 days, the prize went as much as VND92bn. After that, the prize returned to VND12bn and after 16 days, the prize is already as much as VND64.8bn.

Sellers in Tan Phu District, said traditional lottery sales were being hit.

"I really could sell 150 to 200 traditional lottery tickets every day but after a couple won over VND156bn (USD7m), I can just only sell around 100 tickets. I have to purchase more computerised tickets and I'm selling both of these," Nguyen Thi Hanh, a retailer in HCM City said.

Traditional lottery companies in the southern region are calling for help from the Ministry of Finance as tough competition and unfavourable weather are badly affecting their revenues.

Ho Ba Tinh, an economic consultant with the Tai Viet JSC, said people preferred the computerised lottery due to the higher prizes. Additionally, people can decide their favourite numbers on computers easily.

He went on to express the prize value could be even higher as Vietlott was expanding to the north. News about winners reported on media also helped advertise the lottery.

Le Dang Doanh, former head of the Central Institute for Economic Management, said he approved of the newest computerised lottery. "High prizes will attract a lot of customers and it could help ease the illegal gambling that is our problem recently," he said.

The lottery was launched in mid-July and Nguyen Thi Anh Dao from the southern province of Tra Vinh won over VND92 billion (USD4.14m) in October. In early November, Vietlott confirmed that another Vietnamese person won a VND64.8 billion (USD2.94 million) prize.

For more details check out vietlott online.

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