Russian Post launches housing lottery

Russian Post has launched a lottery initiative which could see participants win a new apartment. The lottery – a part of the country’s ‘Affordable Housing’ project – will award up to 15,000 apartments over a five year period, it was announced.

Tickets went on sale across Russian post offices this week.

Each ticket is valid for four months, increasing participants’ chances of winning an apartment.

Apartments are valued at approximately 2.5m rubles, and located in different cities around Russia.

Russian Post is the largest lottery distributor in the country. Last year, sales of lottery tickets grew by about 9% compared to 2009 levels.

On average, sales of lottery tickets at post offices are growing at 10% annually.

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