Taiwan public welfare lotteries generate $182.7mln Q1 surplus

    Taiwan’s public welfare lotteries generated a surplus of NT$5.51 billion (US$182.77 million) in the first quarter of the year, according to data released by Taiwan Lottery Co. In March alone, the lotteries generated a surplus of NT$1.57 billion. The March surplus was distributed to the municipal governments of Taipei, New Taipei, Taichung, Tainan and Kaohsiung, to social welfare programs run by other city and county governments, to the National Pension Fund, and to the reserve fund for the national health insurance (NHI) system.