The hk prize is one of the biggest lotteries in Asia. Proceeds from bets are earmarked for a variety of purposes, including prizes. A 54% deduction is deducted from bets to form the Prize Fund, and the remainder of the proceeds are allocated to various taxes and causes. The draw takes place at the Hong Kong Jockey Club in a highly secure environment and is overseen by a panel of experts. All materials used for the draw, from boxing to transporting, are thoroughly tested and inspected. In addition, a team from the HKJC’s security and customer service departments is present throughout the process to ensure all steps are conducted in accordance with rules.
The winner of the hk prize receives a cash award and an engraved gold medal. In the event of no winners in the 1st and 2nd divisions, this money will be added to a jackpot for the next draw, which can grow to over HK$100 million (compared to the normal HK$8 million for a first-division win).
Founder Chen Yidan’s legacy lives on with the 2022 prize laureates. Mark Jordans and Luke Stannard from War Child Alliance were awarded the prize for education development, recognizing their dedication to providing evidence-based care systems for vulnerable children in conflict-affected areas. Similarly, demographer Wolfgang Lutz won the prize for education research, which recognizes his work in developing new models to better understand global education trends.
BOCHK SCIENCE AND TECHNOLOGY INNOVATION PRIZE focuses on promoting Hong Kong’s scientific and technological innovation. Nominations are open to scientists with a Hong Kong permanent address who have published peer-reviewed articles on the topic of their research in the past 10 years. Candidates are limited to no more than five persons or teams per field.
The 2023/24 season of domestic racing will see prize money increase by eight percent – a record rise for Hong Kong’s domestic horseracing. This includes increases in every class from the Griffins through to the Group One races featured at LONGINES Hong Kong International Racecourse and FWD Champions Day. In addition, bonuses will be offered across the board to reward horses and jockeys for their efforts this season.
The HK$5 million prize is split into three categories, including the astronomy prize, given to Shrinivas R Kulkarni of the California Institute of Technology for his discovery of millisecond pulsars, gamma-ray bursts and other variable or transient astronomical objects; the life science and medicine prize, awarded to Swee Lay Thein and Stuart Orkin of the National Institutes of Health in the United States for their discoveries in the genetic and molecular mechanisms that regulate the fetal-to-adult hemoglobin switch, enabling treatment for devastating blood diseases; and the physical science prize, awarded to Luk Kam-biu of the Hong Kong University of Science and Technology for his work on optical metamaterials and holographic data storage. The prize is sponsored by the BOC Group, and administered by the Hong Kong Academy of Sciences. The prize is accompanied by an inscription on an engraved gold medal.
