The Welfare lottery 720+ guarantees the winner a stable life by paying the amount of 7 million won
every month for 20 years.
In case of death of the winner, the remaining money will be allocated to his chosen legatee.
Welfare Lottery 720+ Features
The guarantee of a stable life.
The First time and The only pension-type lottery in Korea.
Welfare Lottery 720+ guarantees a stable life to the winner.
Welfare Lottery 720+ guarantees a stable life to the winner.
Welfare Lottery 720+ Features
The guarantee of a stable life.
The odds of winning are about 2.6 times higher than the odds of
winning the lottery.The odds of winning a Welfare 720+ ticket are 1/5,000,000 approximately 1.6 times higher than the odds of winning a 6/45 Lotto (1/8,145,060). A player will be able to win the second prize of the Welfare lottery 720+ at the same time when purchasing the same 5group serial number, and enjoy up to amount of 4 million won every month for 10 years.
A tax rate of 22% of is applied to big prizes.For other lottery tickets, a tax rate of 33% is applied if the prize exceeds 300 million won, but only 22% of tax rate for the Welfare Lottery 720+.