India Lottery Market Size & Outlook, 2025-2030
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India lottery market highlights
- The India lottery market generated a revenue of USD 27,367.6 million in 2024 and is expected to reach USD 38,619.0 million by 2030.
- The India market is expected to grow at a CAGR of 5.6% from 2025 to 2030.
- In terms of segment, draw based lottery was the largest revenue generating category in 2024.
- Sports game is the most lucrative category segment registering the fastest growth during the forecast period.
Lottery market data book summary
| Market revenue in 2024 | USD 27,367.6 million |
| Market revenue in 2030 | USD 38,619.0 million |
| Growth rate | 5.6% (CAGR from 2025 to 2030) |
| Largest segment | Draw based lottery |
| Fastest growing segment | Sports game |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Draw based lottery, Instant lottery, Sports game |
| Key market players worldwide | International Game Technology PLC, Scientific Games - The Lottery Business, Lottomatica Group SpA, Camelot Group, Chinese Welfare Services of SA, China Sports Lottery Technology Group, Hong Kong Jockey Club, Florida Lottery, OLG, Mizuho Bank, Intralot, BCLC |
Other key industry trends
- In terms of revenue, India accounted for 7.7% of the global lottery market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China lottery market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 38,619.0 million by 2030.
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Lottery Market Scope
Lottery Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mizuho Bank | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | https://www.mizuhobank.co.jp/ |
| Florida Lottery | View profile | 251-500 | Tallahassee, Florida, United States, North America | https://www.flalottery.com/ |
| China Sports Lottery Technology Group | View profile | 251-500 | Beijing, Beijing, China, Asia | https://www.cslc.com.cn |
| Chinese Welfare Services of SA | View profile | 11-50 | Adelaide, South Australia, Australia, Oceania | https://chinesewelfareservices.org.au |
| BCLC | View profile | 501-1000 | Kamloops, British Columbia, Canada, North America | https://www.bclc.com/ |
| Hong Kong Jockey Club | View profile | 10001+ | Wan Chai, Hong Kong Island, Hong Kong, Asia | http://www.hkjc.com/ |
| OLG | View profile | 10001+ | Toronto, Ontario, Canada, North America | http://www.olg.ca/index.jsp |
| Intralot | View profile | 5001-10000 | Sandown, NA - South Africa, South Africa, Africa | http://www.intralot.com |
| Scientific Games - The Lottery Business | View profile | - | Las Vegas, Nevada, United States, North America | - |
| Camelot Group | View profile | 501-1000 | Watford, Hertford, United Kingdom, Europe | http://www.camelotgroup.co.uk |
| International Game Technology PLC | View profile | 11016 | 10 Finsbury Square, Third Floor, London, United Kingdom, EC2A 1AF | https://www.igt.com |
| Lottomatica Group SpA | View profile | 1964 | Via degli Aldobrandeschi, 300, Rome, Italy, 00163 | https://www.lottomaticagroup.com |
India lottery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lottery market will help companies and investors design strategic landscapes.
Draw based lottery was the largest segment with a revenue share of 53.85% in 2024. Horizon Databook has segmented the India lottery market based on draw based lottery, instant lottery, sports game covering the revenue growth of each sub-segment from 2018 to 2030.
These states have well-regulated lottery systems that ensure transparency and build consumer trust. The proliferation of affordable smartphones and low-cost internet services has enabled broader participation in online lotteries, even in rural areas.
Lotteries are culturally accepted in India, with many people viewing them as a legitimate form of entertainment and a chance to improve their financial status. Lottery companies in India have intensified their marketing efforts through TV, digital media, and local advertisements to attract a broader audience.
The use of local influencers and celebrities to promote lotteries has helped build credibility and interest among potential buyers. Furthermore, the growing middle class with higher disposable income views lotteries as an affordable and aspirational form of entertainment.
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Target buyers of India lottery market databook
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Our clientele includes a mix of lottery market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India lottery market , including forecasts for subscribers. This country databook contains high-level insights into India lottery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India Category - Lottery Market size, 2024 - 2030 (US$M)
India Lottery Market Outlook Share, 2024 & 2030 (US$M)
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