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Lotteries are an integral part of Vietnamese culture and played by people from all walks of life. Lotteries provide jobs and generate millions in annual revenues for social projects; as well as being an enjoyable activity that brings people together and can spark conversations among friends and family members. Unfortunately, lottery can also become addictive and cause financial issues; to prevent this from occurring it is important that anyone feeling depressed by or overwhelmed by it seek help immediately.
In the first quarter of this year, traditional lottery ticket sales experienced an unprecedented surge – reaching 100% consumption in southern Vietnam according to Vietnam Lottery Company data. Lotterie companies across Soc Trang, Ben Tre, Bac Lieu and Tay Ninh provinces earned revenue of more than VND63,000 billion from sales alone!
Lotteries tickets are typically sold by hawkers outside the main gates of supermarkets, markets, department stores and banks as well as on street corners, cafes and restaurants. Many people use different methods or lotto formulae to predict winning numbers; others purchase multiple tickets in order to increase their odds of success.
In some areas, lottery ticket sales are overseen by local governments. Licensed sellers must register and wear official uniforms; any unregistered sellers are banned from selling tickets in public places like schools and hospitals. Meanwhile, in other instances lottery games may be run by unlicensed businesses that compete directly with legitimate businesses by drawing players away from official lotteries, leading to reduced revenues for government.
Though the government attempts to curb illegal gambling, it remains hard to stop people from partaking. Many people enjoy playing lottery as a form of recreation in both urban and rural settings alike. To improve services offered through lottery games further, education campaigns have been conducted along with advertising initiatives; additionally a committee was set up in order to monitor lottery profits so as to remain within state budget constraints.
As part of its efforts, the government has also raised awareness of the dangers associated with gambling and lottery addiction. Furthermore, they have encouraged the growth of a more diversified and technologically advanced lottery industry, including an online version. As a result, lottery participation has skyrocketed.