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Seoul lucky lottery stores |
🎰 Tiny Store, Huge Profits: The Korean Lottery Boom!
A small lottery shop in Seoul is making big business—matching the revenue of large companies! Selling around 100,000 tickets per week, this “lucky” lottery retailer seems to have hit the jackpot itself.
According to Kim (40), manager of a famous lottery shop in Nowon District, while his customers win big, his store also benefits greatly from being a “golden ticket” retailer.
📈 The Korean Lottery Market is Thriving
In 2023, Korea’s total lottery ticket sales reached 5.95 trillion won ($4.5 billion)—the highest in history. This surge has significantly boosted the revenue of so-called “lucky spots”—stores that have sold winning tickets.
🔹 Songpa District Lottery Shop: Sells 75,000–80,000 tickets per week
🔹 Yeongdeungpo District Store: Sales doubled from 30,000 to 60,000 tickets per week after becoming a “lucky location” five years ago
💰 How Much Do Lottery Shops Make?
For each ticket sold, retailers earn 5.5% commission (550 won per 10,000 won ticket). After taxes, the actual profit is around 500 won per ticket.
📊 Estimated Monthly Income for Top Lottery Shops in Seoul:
✅ 60–100 million won ($45,000–$75,000) per month
✅ 720 million–1.2 billion won ($540,000–$900,000) per year
✅ Equivalent to winning a lottery jackpot! 🎉
🍀 Why Do “Lucky Stores” Attract More Buyers?
It all comes down to probability and psychology.
✔️ More tickets sold = Higher chance of someone winning
✔️ When someone wins, the store’s reputation grows
✔️ More customers visit, hoping for better odds
A 71-year-old customer in Songpa buys tickets every week, believing his chances of winning are higher. Similarly, a Gyeonggi office worker travels to well-known stores, hoping for luck—even if he doesn’t play regularly.
Long lines of customers—even in freezing temperatures—show the power of superstition in lottery buying.
🧠 The Psychology Behind “Lucky Spots”
Psychology professor Lee Dong Kyu (Yonsei University) explains that the “self-fulfilling prophecy” makes people believe that buying tickets from lucky stores increases their chances—even though the probability remains the same.
With economic struggles, more people are placing their hopes on lottery tickets, and these famous shops are reaping the rewards.
🏆 Will You Try Your Luck at a “Golden Lottery Spot”?
As lottery fever grows, these small shops are cashing in big time. So, is it luck or just smart business? Either way, the demand for Korea’s "lucky lottery stores" isn't slowing down anytime soon.
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