What is the chance of winning the Iran Khodro lottery? – Tejarat News
According to Tejarat News, in the 43rd phase of the Iran Khodro lottery, more than 11 million people registered for only 20 thousand cars. This means that only one in 550 people had a chance to win the scheme. It means 0.18% chance of winning for each person!
The same thing, despite the huge difference in the price of the car in the market compared to the factory, is enough for the car to become a capital item and to be considered gold. Such events happen while the officials of the Ministry of Security have promised many times that increasing the supply of cars to the market will reduce the amount of false demands and people will no longer choose cars as a product for investment.
But the same method of car supply is enough for people who do not intend to buy a car to see the best market for investing in a car. So that about 13 percent of the country’s population participated in the latest sales plan of Iran Khodro.
Although it has now been about 9 months since the first sale of cars in the stock market and several thousand cars are sold in the capital market every week, the national lotteries are still standing and the rent table is wide for dealers.
In the latest lottery plan implemented by Iran Khodro, the number of registrations hit a record again and according to the latest statistics, more than 11 million people registered in this car plan. This is despite the fact that the number of cars offered in this plan was only 20 thousand units.
Chances of winning the lottery are lower than the lottery
Now the question arises, what is the chance of winning the applicants in the sales plan of Iran Khodro?
According to the registration of 11 million people in Iran Khodro’s recent plan, with a thumb calculation, we can find out that the chance of winning in the national lottery, people have only 0.18% chance of winning.
While the chance of winning the world’s biggest lottery, the American lottery, the chance of winning in some countries reaches 0.32%. In other words, the chance of winning the American green card lottery is about twice as much as winning the Iran Khodro lottery!
The difference between the factory and the market increased!
Amid the commotion of car sales in the commodity exchange and the movement of car prices in line with inflation and the dollar price in the country, one of the main reasons for the popularity of this government lottery is the difference between the market and factory prices of the cars offered in the Iran Khodro lottery.
The factory and market price rent for four Iran Khodro products that were released in the new lottery on January 17 was between 200 million and 275 million tomans. Due to the significant price difference between the factory price and the free market, the car lottery has been a breeding ground for car dealers in recent years, who seek to make a profit from this price rent.
It should be noted that not all people participate in lotteries in order to buy a car. In the meantime, even people who can’t afford to buy a car and only have the registration conditions, participate in the lottery, and after winning, sell remittances to make a profit.
Read more: Is the state lottery coming back? Read in Tejaratnews.