Revitalizing the local economy and winning 30 million won... Full-fledged operation of the Win-Win Consumption Lottery

Ministry of SMEs and Startups to hold event until November 15th in connection with 'Korea Grand Festival'

For every 30,000 won paid, 1 ticket for metropolitan area and 2 tickets for non-metropolitan area will be given.

(Seoul = Yonhap News) Reporter Lee Sang-seo = The 'Win-Win Consumption Lottery', which helps revitalize the local economy and allows people to receive a prize of up to 30 million won through a lottery, is now in full operation.

This year, the system was improved to provide more benefits to small business owners by encouraging more consumption in traditional markets and small business districts.

The Ministry of SMEs and Startups announced on the 16th that it will hold a 'Win-win Consumption Lottery' event for all citizens to expand consumption participation in the 'Korea Grand Festival'.

◇ Total winnings: 1.7 billion won… Increased sales in traditional markets and revitalized alley commercial areas

The Korea Grand Festival is a national discount event that integrated individual consumption events promoted by ministries since last year to revitalize domestic demand and promote local consumption.

This year, it will be held from the 29th to the 15th of next month, and 40,000 companies, the largest ever, including manufacturing, distribution, service industries and small business owners, will participate.

The Win-Win Consumption Lottery event begins on the 15th, 15 days before the opening date of the Korea Grand Festival, and continues until the closing day in order to promote pre-consumption.

It is designed to encourage consumption participation by providing consumers with the opportunity to win a lottery, and that consumption leads to increased sales in traditional markets and small business districts.

To this end, unlike last year, which used credit card consumption as the standard, this year's Digital Onnuri payment amount was used as the application standard.

Specifically, if you make a cumulative payment of 30,000 won or more with Digital Onnuri at offline digital Onnuri gift certificate merchants nationwide, such as traditional markets and shopping malls, you will receive one entry ticket.

There are a total of 5,600 winners, and the prize money is 1.7 billion won.

The prize money of 30 million won each will be paid to 10 first place winners, 2 million won each to 40 second place winners, 1 million won each to 850 third place winners, and 100,000 won each to 4,700 fourth place winners in the form of Digital Onnuri gift certificates.

The first prize was increased by 10 million won compared to last year, and the number of winners increased by 600 compared to the previous event.

The Ministry of SMEs and Startups explained, “The purpose of paying the winnings in digital Onnuri gift certificates rather than cash is to establish a virtuous cycle in which winning benefits are linked to sales in traditional markets and small business owners.”

◇ If you spend outside of the metropolitan area, your chances to apply are doubled... “Activating local consumption”

This year, preferential treatment for non-metropolitan areas was strengthened to revitalize the local economy.

You will receive one entry ticket for every 30,000 won accumulated payment amount from Digital Onnuri, but if you pay the same amount in a non-metropolitan area, you can receive two entry tickets.

If you open your wallet in a non-metropolitan area, you will be given twice as many entry opportunities as in the metropolitan area.

The maximum number of tickets per person is 30, of which 10 and 20 tickets are available for metropolitan and non-metropolitan areas, respectively.

The purpose is to encourage people's participation in local consumption and to spread the effects of consumption promotion events to non-metropolitan commercial districts.

To participate, agree to provide personal information to participate in the event through the Digital Onnuri application (app) and then pay through Digital Onnuri.

An entry ticket will be issued based on the accumulated payment amount, and you can participate without a separate receipt registration process.

Winners will go through a fair drawing process and be notified individually through the Digital Onnuri app in December.

An official from the Ministry of SMEs and Startups explained, "The Win-Win Consumption Lottery is a system that provides additional benefits to consumers and opportunities to attract customers and increase sales to small business owners. It is meaningful in that it encourages nationwide consumption participation in connection with the Korea Grand Festival and allows the effect to extend to traditional markets and small business districts."

He then emphasized, "As we have strengthened the benefits to encourage more consumption in non-metropolitan areas, we hope that consumers will spend in traditional markets and alleyways and seize lucky opportunities through the win-win consumption lottery."