To create a society where
citizens contribute to making society happier, the KLC had been
striving to nurture the lottery business and to promote culture
and welfare.
2004
- Jan
- "Lottery and Lottery Fund Act" proclaimed
- Mar
- Enforcement Decree of Lottery and Lottery Fund Act Proclaimed
- Apr
-
Korea Lottery Commission Launched and First Lottery Committee
Held
"The Lottery Commission Regulation" Stipulated
2005
- Dec
- Prize Claim Period Extended From 90 to 180 Days From the Draw Date
2006
- Jan
- "Management Efficiency Plan on Printed Lottery", Resolved
- Feb
- "Control Guide on Violations of Lottery Act", stipulated
- Apr
- Korea Lottery Association Launched
- Aug
- Issued 4 Kinds of Draw & Instant Lottery Games
- Issued 7 Kinds of Internet Lottery Games
2007
- Sep
- "Online Lottery Operation Trust Agreement" with Nanum Lotto Co.,Ltd Approved
- Nov
- "Integrated Lottery Business PR System Established"
2008
- Feb
- KLC was removed from Prime Minister's Office and placed Under Ministry of Strategy and Finance, as the new administration launched
2009
- Apr
- Korea Union Lottery Co., Ltd. Founded
- - invested and founded by 8 companies among the existing printed lottery operators
- - single operator of printed and internet lottery games
- Oct
- More organizations subject to the statutory allocation and allocation proportion raised
- - cultural heritage fund included in the statutory projects, proportion of mandatory grants raised from 30 to 35%
- - 5% increment transferred to cultural heritage fund
2010
- Aug
- 4th Prize of the Online Lottery Fixed at 50,000 Won
- - (Previous) 22% tax on prizes worth 51,000 won and over
- → (Current) no tax with 50,000 won prize
2011
- Jul
- AdoptionㆍImplementation of Pension-type (payment in installments) Lottery
- - IssuanceㆍSale of Pension Lottery (printed lottery)
2013
- Dec
- "NANUM LOTTO" consortium selected as the consigned lottery licensee
- - Integrated operation of 3 lotteries; online lottery (Lotto), printed lottery, electronic lottery and application of Korean system
2018
- Dec
- "DongHang Lottery" consortium selected as the consigned lottery licensee
- - Integrated operation of 3 lotteries; Online lottery, management of issuance of printed, electronic (online) lotteries, business related to planning, sales, distribution, system management, draws
