Could you keep a secret worth $30 million from your loved ones? One man in southern China is doing just that after winning the lottery jackpot.
Find out why he’s keeping his windfall a secret and what it could mean for his family’s future.
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A Wise Decision?
In a shocking development, a man in southern China has reportedly won a staggering 219 million yuan ($29.9 million) in the lottery, yet has chosen to keep this life-changing news a secret from his wife and child .
The individual has stated that he is concerned that the sudden windfall may make his family become complacent and lose their drive
Li Has Already Donated 5 Million Yuan
On October 24, a man identified as Mr. Li claimed his lottery winnings at an office in Nanning, Guangxi.
Local media outlets report that Mr. Li will receive a total of 171.6 million yuan ($23.6 million) after taxes, after donating 5 million yuan ($685,000) to charity.
This development has generated significant attention and raised questions about the decision-making process of those who come into sudden wealth.
There Are Many Schools of Thought Here
In an interview with Nanning Evening News, the man, who has chosen to remain anonymous, explained that he was concerned that his wife and child would become too comfortable and lose their drive to work if they were made aware of the unexpected windfall.
This decision has sparked debate and raises questions about the potential impacts of sudden wealth on one’s relationships and motivations.
“They Would Be Too Complacent”
“I didn’t tell my wife and child for fear that they would be too complacent and would not work or work hard in the future,”
His Luck Finally Played Out
He won the amount in the lottery using the same numbers he had been playing for years: 2, 15, 19, 26, 27, 29, and 2.
Upon realizing his win, Mr. Li immediately traveled to the city to claim his prize, choosing to remain in his hotel room out of fear of losing the winning ticket.
A Huge Surge in Lottery Sales
According to data from the Ministry of Finance, China’s lottery ticket sales experienced a significant increase in November, rising 56.6% from the previous year to reach a total of 51.84 billion yuan (approximately 7.44 billion US dollars).
Strong sales of sports lottery tickets largely fueled this growth.
A Billion Yuan Industry
The Ministry reveals that the sports industry received a significant boost from lottery ticket sales in November, with a 94.6% year-on-year increase to nearly 38.77 billion yuan.
This surge can be attributed to the 2022 FIFA World Cup, which began in November. In contrast, lottery ticket sales for the welfare system saw a slight decline of 0.8% from the previous year, totaling 13.08 billion yuan.
The Numbers Keep On Rising
China’s lottery ticket sales for the first 11 months of 2022 reached 362.8 billion yuan, a 6.4% increase from the same period in the previous year. This marks a significant trend in the country’s lottery industry.
The Fund Is Used in Welfare Initiatives
According to China’s lottery management regulations, the funds generated from ticket sales are allocated towards administrative costs, public welfare initiatives, and prize payouts.
This information is critical to understanding the distribution of resources within the country’s lottery industry.
