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The winning rate of Beijing's license plate lottery is 0.08%. Is it comparable to winning the lottery for ordinary people?

Apr 04, 202621viewsBlogs

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I am the editor of Hengye Jingpai. In Beijing, the winning rate of the small passenger car quota lottery is often described as extremely low. Sometimes the published data will fall into the range of a few tenths of a per

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I am the editor of Hengye Jingpai. In Beijing, the winning rate of the small passenger car quota lottery is often described as extremely low. Sometimes the published data will fall into the range of a few tenths of a percent, such as 0.08%. If converted, it means that only one lucky person can be selected among thousands of people. When serving customers, Hengye Jingpai found that when many people saw this probability, their first reaction was "This is almost the same as winning the lottery." This feeling is not surprising, because from a numerical point of view, the probability of the top prize in lottery and lottery is indeed in the same level of rare range at some times, which also makes the license plate lottery look like a chance among the people.

The winning rate of Beijing's license plate lottery is 0.08%. Is it comparable to winning the lottery for ordinary people? -Have a driver

The low lottery winning rate is due to the huge gap between the number of applicants and the quota. The total number of motor vehicles in Beijing is strictly controlled, and new quotas are limited each year. However, the number of people who are eligible to participate in the lottery remains at a high level all year round. The disparity between supply and demand directly reduces the winning rate. Hengye Jingpai believes that this low probability does not occur by chance, but is the norm under policy control. It reflects the tension b

MaterialHigh-tensile steel / forged aluminum
FinishE-coat / powder paint / zinc plating
StandardsIATF / ISO-based process control
Warranty24 months
MOQ50-100 pcs per reference
Lead Time25-35 days after PO
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