BUDGET 2015: 5 key points to look out for | South China Morning Post

BUDGET 2015: 5 key points to look out for | South China Morning Post: "3. If you run a charity in Hong Kong, your organisation can get a cut of the lottery revenue from the Mark Six.

Charities can apply for a grant from the Lotteries Fund. The government set up the fund in the 1960s to pay for welfare projects. In fact, back in 1994, a legislator said that people play the Mark Six partly to win, and partly because they think it’s a charitable donation. For each bet placed on the Mark Six, 15 per cent goes towards a fund managed by the Social Welfare Department. That’s augmented by auctioning car license plates and investments. Last year, the fund was worth HK$21 billion."



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