The Korean lottery market has rapidly grown since 2002 with the
introduction of the online lottery, posting w4.23 trillion
(US$3,527.6million, US$1=w1,200) in sales in 2003, with
government policies to stabilize the market and curb reckless
gambling, however, lottery sales have remained at approximately
w2.4 trillion in recent years.
Since lottery tickets went on sale for the first time in 1947, printed lottery tickets have been dominant in Korea. But from 2003, the Korean lottery market has become disproportionately lopsided toward the online lottery (lotto 6/45)
Since lottery tickets went on sale for the first time in 1947, printed lottery tickets have been dominant in Korea. But from 2003, the Korean lottery market has become disproportionately lopsided toward the online lottery (lotto 6/45)
Annual Lottery Sales
Sales Breakdown by Lottery Type
(Unit: USD 100,000/1$=\1,387)
| Section | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Online Lottery | 21,982 | 23,483 | 25,710 | 27,378 | 28,613 | 31,132 | 34,153 | 37,038 | 39,270 | 40,754 | 42,943 |
| Instant Lottery | 810 | 1,223 | 1,299 | 1,477 | 1,778 | 2,237 | 2,661 | 3,184 | 4,094 | 4,744 | 6,450 |
| Pension Lottery | 701 | 695 | 708 | 724 | 750 | 742 | 1,624 | 2,100 | 2,112 | 2,272 | 2,463 |
| E-Instant Lottery | 174 | 230 | 297 | 369 | 472 | 446 | 605 | 760 | 877 | 902 | 1,026 |
| Total | 23,667 | 25,632 | 28,014 | 29,948 | 31,613 | 34,559 | 39,043 | 43,081 | 46,353 | 48,671 | 52,883 |