40% in less than five months - China's new way to hit the jackpot

Photo: Chris McGrath/Getty Images

Chinese lottery sales fell heavily in March, sliding 6.3% year on year to RMB30.81b, according to data provided by China’s Ministry of Finance.

It’s a funny development, particularly given lottery sales in the three months to March were up 18.5% on year.

Chinese authorities launched a crackdown on already-illegal online lottery ticket sales in March – something that could explain the decline – it does raise the question whether people are chasing a bigger windfall elsewhere?

Perhaps — given it’s stellar run and the number of new account openings — it’s in stocks.

The Shanghai Composite is up 40% in 2015 – over 100% in just a year.

When was the last time you got that return playing lotto?

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.