Planning and Budget Office (Photo provided by the Planning and Budget Office)
The Lottery Commission under the Planning and Budget Office has approved an issuance plan that would expand lottery sales in 2027 to about 8.4 trillion won.
On the 28th, the commission held its 188th meeting at the Korea Trade Insurance Corp. in Seoul, chaired by Vice Chair Im Ki-geun, and deliberated and approved the “2027 Lottery Issuance Plan” and the “2025 Lottery Fund Project Performance Evaluation Results.”
The commission decided to keep current face values, issuance conditions and prize-payment methods for all 12 existing lottery products, including Lotto. Reflecting sales growth over the past three years, it set projected 2027 lottery sales at 8.4175 trillion won, up 321.7 billion won, or 4.0%, from this year’s plan.
If sales meet the plan, lottery proceeds used to finance lottery fund projects in 2027 are expected to total 3.4278 trillion won, up 138.6 billion won, or 4.2%, from this year’s planned 3.2892 trillion won.
In a performance evaluation of 2025 lottery fund projects, the overall average score came to 82.9 points, slightly higher than the previous year’s 82.4. A total of 79 statutory projects, including transportation support for people with mobility challenges and nighttime protection programs for low-income children and teenagers, received strong ratings, along with 17 public-interest projects such as support to expand inclusive finance and welfare assistance for veterans of war.
The commission said it will actively reflect the evaluation results in future budget allocations. When drawing up the 2027 lottery fund management plan, it will apply a principle of increasing funding for highly rated projects and reducing funding for underperforming ones. For statutory projects, it plans to adjust allocations by agency rankings within the limits set by the Lottery Act.
On the 28th, the commission held its 188th meeting at the Korea Trade Insurance Corp. in Seoul, chaired by Vice Chair Im Ki-geun, and deliberated and approved the “2027 Lottery Issuance Plan” and the “2025 Lottery Fund Project Performance Evaluation Results.”
The commission decided to keep current face values, issuance conditions and prize-payment methods for all 12 existing lottery products, including Lotto. Reflecting sales growth over the past three years, it set projected 2027 lottery sales at 8.4175 trillion won, up 321.7 billion won, or 4.0%, from this year’s plan.
If sales meet the plan, lottery proceeds used to finance lottery fund projects in 2027 are expected to total 3.4278 trillion won, up 138.6 billion won, or 4.2%, from this year’s planned 3.2892 trillion won.
In a performance evaluation of 2025 lottery fund projects, the overall average score came to 82.9 points, slightly higher than the previous year’s 82.4. A total of 79 statutory projects, including transportation support for people with mobility challenges and nighttime protection programs for low-income children and teenagers, received strong ratings, along with 17 public-interest projects such as support to expand inclusive finance and welfare assistance for veterans of war.
The commission said it will actively reflect the evaluation results in future budget allocations. When drawing up the 2027 lottery fund management plan, it will apply a principle of increasing funding for highly rated projects and reducing funding for underperforming ones. For statutory projects, it plans to adjust allocations by agency rankings within the limits set by the Lottery Act.
* This article has been translated by AI.
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