While exploring Korea, some visitors are surprised to learn that they can legally participate in the national lottery. Whether you’re just visiting or staying longer, buying a lottery ticket can be a fun cultural experience — and possibly a lucky one too.
1. Can Foreigners Buy Korean Lottery Tickets?
Yes, absolutely. There are no restrictions that prevent foreigners from purchasing lottery tickets in Korea. The most common option is Lotto 6/45, and anyone can play — regardless of visa type or nationality.
2. Where and How to Buy
You can buy Lotto 6/45 tickets at:
- Convenience stores (e.g., CU, GS25, 7-Eleven)
- Official lottery booths found near subway exits and busy streets
Each ticket costs 1,000 KRW, and you can choose your numbers or go for the automatic (random) selection. Tickets are available until 8 PM on Saturday, just before the weekly draw.
You can check winning numbers on:
- The official lottery website: www.dhlottery.co.kr
- Posters at the store where you bought your ticket
3. What Happens If You Win?
Here’s how to claim your prize:
- Less than 50,000 KRW:
Redeem directly at the store where you bought the ticket. - Between 50,000 and 5 million KRW:
Go to a branch of Nonghyup Bank (NH Bank) with your passport. - More than 5 million KRW:
Visit the Nonghyup Lottery Division in Seoul.
Bring your passport and bank account details. The tax is withheld automatically, so no paperwork is required at that stage.
Note: You must claim your prize within 1 year of the draw date.
4. Taxes in Korea (Already Withheld)
- Winnings below 50 million KRW are taxed at 22%
- Winnings above 50 million KRW are taxed at 33%
This amount is withheld automatically before payout. So the money you receive is already post-tax — no additional paperwork required in Korea.
5. Do You Have to Pay Taxes Again in Your Home Country?
This depends on your country of residence and its tax treaty with Korea:
- Some countries (like the United States, Canada, or Australia) may require you to report foreign winnings as part of your income.
- Others (like Germany or France) do not tax lottery winnings at all.
- If your country has a double taxation agreement with Korea, you may be eligible for a tax credit or exemption.
It’s a good idea to check with your home country’s tax office or a financial advisor, especially for large winnings.
6. Final Tips
- Keep your ticket safe — no ID is printed on it, so it’s the only proof of purchase.
- If you’re flying out of Korea soon, try to check the draw and claim your prize early.
- Don’t bring your hopes up too high… but hey, someone always wins!
Disclaimer
This post is for informational purposes only. Tax regulations may vary depending on your country of residence. Always consult a licensed tax expert if needed.