42% of Lotto 1st Prize Winners Say "I Will Buy Real Estate"

[Image source=Yonhap News]

[Asia Economy Reporter Oh Hyung-gil] A survey conducted on first-place Lotto winners in the first half of last year revealed that 4 out of 10 respondents said they would "buy real estate with the prize money." Fifty percent of the winners said they would inform their husband or wife about the win.

According to the Ministry of Strategy and Finance's Lottery Commission on the 12th, among 271 first-place Lotto winners in the first half of last year, 42% answered that they planned to "purchase a house or real estate" with the prize money.

This was followed by repaying loans (22%), using it as business capital (13%), saving or investing in stocks and other financial products (8%), and helping parents or family members (6%).

When asked about the reason for purchasing Lotto tickets, 30% of first-place winners said they bought them "because of the large prize money." Twenty-seven percent said they bought them "for fun and enjoyable imagination," and 16% said they bought them "because they had a good dream."

Among the good dreams, "animal dreams (cow or pig)" were the most common at 27%. This was followed by ancestral dreams (23%), water/fire-related dreams (14%), and both "body-related dreams" and "president-related dreams" at 9% each.

Many first-place winners had been purchasing Lotto tickets consistently for a long time. On average, 65% bought tickets at least once a week, and the most common response regarding the duration of ticket purchases was "over 10 years" at 29%.

Fifty percent said they would "inform their husband or wife" about the win, while 27% responded that they would "not tell anyone."

The average prize money for first-place winners was 2.1 billion KRW (before tax), with the highest prize being 3.5 billion KRW and the lowest 900 million KRW.

The oldest first-place winner was 90 years old, and the youngest was 21 years old.

This content was produced with the assistance of AI translation services.