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Lottery sales in Japan down for second straight year

Aug 14, 2018, 12:18 pm

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InternationalInternational: Lottery sales in Japan down for second straight yearRating:

In Japan, sales of Takarakuji lottery tickets issued by prefectural governments and ordinance-designated major cities totaled ¥786.6 billion (US$7.1 billion) in fiscal 2017, down 6.9 percent from the year before.

Sales were down for the second consecutive year and fell below ¥800 billion for the first time since fiscal 1997, according to data compiled by the internal affairs ministry.

Takarakuji sales have been on a downward trend after peaking at ¥1.105 trillion (US$10 billion) in fiscal 2005.

In fiscal 2017, sales of Jumbo Takarakuji, including Dream, Summer and Nenmatsu (Yearend), decreased 13.1 percent to ¥325.6 billion.

Meanwhile, sales of number-selection lotteries, including the newly launched Bingo 5, rose 2.6 percent to ¥379.9 billion, the first increase in four years. The growth came partly because Loto 6 sales increased 6.5 percent thanks to a boost in the top prize money to ¥200 million from ¥100 million.

Profits from Takarakuji sales, which are a crucial financial resource for local and prefectural governments, have fallen to as low as ¥299.6 billion in fiscal 2017, compared with ¥439.8 billion in fiscal 2005.

To boost sales, mainly to young people, the ministry will allow Jumbo lottery sales on the official website for Takarakuji and credit card payments from October, sources familiar with the matter said. Currently, only number-selection lotteries are available on the Internet.

News story photo(Click to display full-size in gallery)

Japan Times, Lottery Post Staff

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11 comments. Last comment 2 years ago by Coin Toss.
Page 1 of 1
Avatar
Chasing $ Millions.
White Shores- California
United States
Member #136473
December 12, 2012
6275 Posts
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Posted: August 14, 2018, 12:38 pm - IP Logged

They have had enough. Enough of losing!

 * Voice of Reason *   

 

People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

    Avatar
    New York, NY
    United States
    Member #140630
    March 23, 2013
    10543 Posts
    Offline
    Posted: August 14, 2018, 12:44 pm - IP Logged

    I remember around when oil prices were rising someone was telling me to forget about oil and focus on the yen. I never paid it much mind, some people focus on long term. I admire Japan’s history, but I understand too little about it outside of Tokugawa Ieyasu and perhaps Jimmu as well.

    Sometimes you do the right thing just because it’s right.

      music*'s avatar - DiscoBallGlowing
      Fresno, California
      United States
      Member #157851
      August 2, 2014
      3927 Posts
      Offline
      Posted: August 14, 2018, 12:55 pm - IP Logged

      General Douglas MacArthur had it right when he restructured Japan. Just look at all the fruits that developed after WW2.

      Patriot 

       "We are all in this together!" 

        Groppo's avatar - cat anm.gif

        United States
        Member #162626
        January 7, 2015
        778 Posts
        Offline
        Posted: August 14, 2018, 7:33 pm - IP Logged

        .

        To Japan:

        I have always admired the country and peoples of Japan.  Your people have accomplished
        so much (like all the import cars and motorcycles, plus, let's not forget Godzilla).  I hope you will continue to prosper, and hope that any lulls in your Teriyaki lotto, or  whatever you call it, 
        will also continue to do well.

        Mr. Groppo

        • Don't chase the numbers you play.
        • Play only numbers you've already played, plus however many random picks.
        • But, ALWAYS the regular numbers you play.  This will make you a winner, not a chaser.
                   (so far, though, I've yet to win any significant lotto prize)
        • Oh, but always know where your tickets are, as well as your ticket's deadline.
          Coin Toss's avatar - shape barbed.jpg
          100
          Zeta Reticuli Star System
          United States
          Member #30469
          January 17, 2006
          11490 Posts
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          Posted: August 14, 2018, 7:49 pm - IP Logged

          A book about Japanese marketing came out iin the mid 1980s. On the cover of the book was a Japanese soldier in a WW II uniform with his hand on a TV set.....

          The title of the book was;

          From those friendly folks who brought you Pearl Harbor

          One of the things mentioned in the book was the first Honda motorcycles that were sent to the U.S. 

          At the time there was no US market for 250cc and 300cc motorcycles....so the Japanese simply created one. Remember the Honda 305 Dream?

          Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners. 

          Lep

          There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

            Avatar
            Simpsonville
            United States
            Member #163184
            January 22, 2015
            2231 Posts
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            Posted: August 17, 2018, 9:09 am - IP Logged

            Must admit I was prejudiced...which means pre judging.  I never associated Japan having a lottery. 

             

            Now I'm going to see if the Chinese have a lottery, that I'm sure they do.

              Avatar

              United States
              Member #180549
              March 12, 2017
              188 Posts
              Offline
              Posted: August 19, 2018, 12:29 am - IP Logged

              Maybe it’s not way too easy to win lotteries there like it is in New York or California.

                rcbbuckeye's avatar - Lottery-062.jpg
                Texas
                United States
                Member #55887
                October 23, 2007
                10210 Posts
                Offline
                Posted: August 19, 2018, 11:09 am - IP Logged

                A book about Japanese marketing came out iin the mid 1980s. On the cover of the book was a Japanese soldier in a WW II uniform with his hand on a TV set.....

                The title of the book was;

                From those friendly folks who brought you Pearl Harbor

                One of the things mentioned in the book was the first Honda motorcycles that were sent to the U.S. 

                At the time there was no US market for 250cc and 300cc motorcycles....so the Japanese simply created one. Remember the Honda 305 Dream?

                I remember in the 60's when the little Honda 50 was the rage. A lot of my brother's friends had one.

                CAN'T WIN IF YOU'RE NOT IN

                A DOLLAR AND A DREAM (OR $2)

                  Coin Toss's avatar - shape barbed.jpg
                  100
                  Zeta Reticuli Star System
                  United States
                  Member #30469
                  January 17, 2006
                  11490 Posts
                  Offline
                  Posted: August 19, 2018, 8:09 pm - IP Logged

                  rcbbuckeye,

                  There was an interview with Sonny Barger (Head of Sam Berdoo HA) where he said,

                  "When you hear you meet the nicest people on a Honda we ain't the ones they're talking about!"

                  (Old Honda commercial)

                  Green laugh

                  Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners. 

                  Lep

                  There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

                    msharkey2001's avatar - Trek startrek.gif
                    New Hampshire
                    United States
                    Member #136488
                    December 12, 2012
                    378 Posts
                    Offline
                    Posted: August 22, 2018, 12:51 pm - IP Logged

                    Probably has something to do with their rapidly aging, and soon to be declining population. It's going to be increasingly difficult for them to grow sales while the population is shrinking.

                      Coin Toss's avatar - shape barbed.jpg
                      100
                      Zeta Reticuli Star System
                      United States
                      Member #30469
                      January 17, 2006
                      11490 Posts
                      Offline
                      Posted: August 22, 2018, 6:46 pm - IP Logged

                      Some of the biggest action in Vegas takes place in private games for wealthy Japanese players on the upper floors of the hotels.

                      They ask for certain dealers and those dealers know they are in for a good night  $$$$.

                      Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners. 

                      Lep

                      There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.