The winner did not come forward on Wednesday, although he or she has 60 days to come forward after the drawing.
The winner will be taxed 20 percent.
"We have no idea who the person is or when the ticket was sold until the winner goes to claim the prize," said Di Kai, a publicity official from the Beijing Welfare Lottery Issuing and Management Center.
"The winner needs to bring the winning ticket and an ID card to our center, we will pay the prize by check or bank transition, depending on the winner's preference," said Di, who was bombarded by media at the lottery outlet on Wednesday morning.
Di predicted the winner would not show up in the first two weeks to avoid too much attention from the public.
He said there are no restrictions on foreigners playing the lottery on the Chinese mainland if they are older than 18.
The Chinese government began the welfare lottery in the late 1980s to raise money for public welfare projects, including building nursing homes and child welfare institutions.
In 2011, more than 127 billion yuan worth of lottery tickets were sold.
The previous lottery record in the country was held by a player who received a jackpot of 565 million yuan in July 2011 in Zhejiang province.
About the broadcaster:
Nelly Min is an editor at China Daily with more than 10 years of experience as a newspaper editor and photographer. She has worked at major newspapers in the U.S., including the Los Angeles Times and the Detroit Free Press. She is also fluent in Korean.
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