Lotto 6/45: The Complete History of Korean Lotto and Prize Money
Winning the first prize in Lotto645—what would it feel like? Could this be your chance for a life-changing moment? Let’s explore the history of Korean Lotto, its evolution, and how Lotto prize money has shaped dreams. 5d5d has compiled everything for you.^^
The Beginning of Korean Lotto
In December 2002, Korean Lotto was first introduced under the name Lotto645. At that time, the lottery market was relatively small, but Lotto645 quickly gained massive popularity. Especially in 2003, the slogan “Life-Changing Opportunity” sparked a nationwide lottery fever, with many hoping to win the grand Lotto prize money.
Lotto645 System and Operation
Lotto645 operates by selecting six numbers from a pool of 45. Every Saturday, the Korean Lotto draws the winning numbers live, determining the prize money based on how many numbers match. From 2002 to 2018, it was operated by Nanum Lotto, before transitioning to Donghaeng Lottery. The broadcasting rights also shifted from SBS to MBC, ensuring Lotto645 continues to engage millions.
Lotto Prize Money and Public Funds
Lotto645 accounts for 96% of Korea’s lottery market. As of 2022, approximately 8,000 people have won the first prize, with a total Lotto prize money payout of around 16 trillion KRW. A portion of these funds contributes to public welfare, supporting low-income housing, veterans’ welfare, and cultural projects. More than just a gambling game, Korean Lotto serves as a significant contributor to society.
Responsible Participation in Korean Lotto
Lotto645 remains Korea’s most popular lottery, but excessive spending should be avoided. While winning the grand Lotto prize money is exciting, responsible participation is key. The future of Korean Lotto depends on sustainable operation and mindful engagement.