Get All Access for $5/mo

A Man Who Won $30 Million from the Chinese Lottery Says He'll Keep It Secret from His Wife and Child in Case It Makes Them Lazy He donned a bright yellow costume to accept his winnings — it is traditional in China for lottery winners to claim their prizes in costume so they can remain anonymous.

By Grace Dean

Wei Liang/China News Service/VCG/Getty Image via BIs
  • A man who won $30 million in the Chinese lottery says he won't tell his wife and child.
  • He told a local paper he was worried that news of his winnings would make them lazy.
  • He donned a bright yellow costume of the lottery's mascot to collect his prize and have photos taken.

This story was originally published on Business Insider.

A man who won $30.1 million on a Chinese welfare lottery says he plans to keep it a secret out of the fear it would make his wife and child complacent.

The man – identified by local newspaper the Nanning Evening News as Mr Li – won 219.4 million yuan on the Guangxi Welfare Lottery on October 20.

"I have not told my wife or kid," Li told the publication, per a translation by The South China Morning Post. "I am concerned that they might feel superior to other people and will not work or study hard in future."

On October 20, he bought 40 lottery tickets in the Guangxi Zhuang autonomous region. He woke up the next morning to discover that his tickets had won.

Li collected his check in Nanning, the southern region's capital, on October 24, per an article from the Nanning Evening News shared on social network Weibo. He said that he didn't leave the hotel that weekend out of fear that he'd lose his ticket.

Li donned the bright yellow costume of Fudou, the lottery's mascot, to collect his prize and have photos taken.

The publication reported that Li had been buying lottery tickets for more than ten years, and had only occasionally won small amounts of money.

Image credit: Yi Ming/ Feature China/Future Publishing via Getty Images via BI

"I regard buying the lottery as a hobby, and my family does not care," Li told The Nanning Evening News, per a translation by The South China Morning Post.

"Plus, I do not spend much money on it, and the lottery provides a ray of hope for me."

Li donated 5 million yuan (around $690,000) to charity, per the Nanning Evening News. After tax, he took home around 171.6 million yuan ($23.6 million), per the publication. Li said he hadn't yet decided what to do with the rest of his winnings.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

Who Is Luigi Mangione? UnitedHealthcare CEO Brian Thompson Murder Suspect Arrested in Pennsylvania on Firearms Charge

Mangione, 26, has not been charged in connection with the killing of Thompson.

Side Hustle

At Age 15, He Used Facebook Marketplace to Start a Side Hustle — Then It Became Something Much Bigger: 'Raised Over $1.6 Million'

Dylan Zajac, now a 21-year-old senior at Babson College, wanted to bridge the digital divide.

Starting a Business

10 Traits of Successful Entrepreneurs That Investors Love (Even If They Seem Like Jerks)

This article explores a thought-provoking question: Why do many successful entrepreneurs exhibit traits that might label them as "jerks?"

Business News

OpenAI Just Released Its Text-to-Video Generator, Sora. Here's How the New AI Could Impact Small Businesses and Creators.

Sora has a variety of use cases for businesses, from social media campaigns to video creation.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Franchise

McDonald's Announces the Return of the Snack Wrap in 2025 — Here's What to Expect From Its Comeback

The decision comes after years of persistent customer demand for the portable snack, which debuted nearly two decades ago.