The Hong Kong Lottery

hongkong lottery

The hongkong lottery is an integral part of the culture here. With the large jackpots and secondary prizes, it attracts many locals and tourists to the city. It is also a social event where friends and families gather to watch the live draw hk. The tradition has embraced technology and has been made accessible to a wider audience via online and TV broadcast.

The Hong Kong Mark Six Lottery is a 6 out of 49 lotto conducted by HKJC Lotteries Limited, a subsidiary of the Hong Kong Jockey Club. It is held three times a week (normally on Tuesday, Thursday and non-racing Saturday) and is televised live. Ticket entries can be purchased by direct purchase or by partial unit investment through standing instructions. The prize pool consists of the first prize, the second prize and an extra bonus ball. If nobody wins the first prize, it is added to the jackpot for the next draw.

Aside from the massive prize money, HKJC Lottery proceeds are used for community projects and charities. However, some critics say that the lottery encourages gambling by highlighting the huge amount of the jackpot. John Tse Wing-ling, associate professor of the City University’s Department of Applied Social Studies, warns that if not controlled, lottery addiction can lead to destructive pathological gambling. Nevertheless, supporters argue that extreme cases should not define a pastime that brings mostly innocent joy to millions of citizens. They point out that annual per capita lottery spending is nearly HK$3000, six times higher than Singapore’s.