Thai Lottery is a state-run lottery organization, organized by the Government of Thailand. The Thai government uses a legislative framework to determine the percentage of ticket sales to be allocated to national causes. The tickets are sold by brokers and distributors to a network of more than 14,700 authorized retail venues. The winnings are remitted to the Thai treasury.
The lottery is conducted twice a month. The first draw takes place on the first day of the month and the second draw is held on the last day of the month. The drawings are broadcast live on television. The results are published at around 5 pm on the day of the draw. The lottery has a total of 100 prizes. The odds of winning the top prize are one in a million.
The tickets of the Thai Lottery are printed on special chemical paper. A two-tone watermark is also present. A silk thread is visible with the naked eye, although the other silk thread is only seen under ultra-violet light. The first three digits of the ticket are B2,000 (two prizes available), and the next five digits are B1,000 (one pair of winning numbers). The prize money is divided into seven sectors: The smallest prize is given to 10,000 lucky ticket owners. The other prizes range from 40,000 baht to over a million baht.
To participate in the Thai lottery, players must be resident in the country. They are allowed to buy up to 20 tickets. If they win, they must claim the prize within two years from the date of the lottery. The winner must fill out a claim form and show their Thai identification card or passport to the lottery office.
The Thai Lottery has two types of tickets: the Thai Government Lottery (TGL) and the Thai Charity Lottery (TCL). The TGL ticket has a three-million-baht first prize. The TCL has a 22-million-baht bonus prize. The third prize is a 40,000-baht prize. The fourth prize is a 100,000-baht prize.
The Government Lottery Office (GLO) has been operating under the Govt Lottery Office Act since its establishment. The lottery is the only legalized gambling in the country. The Government uses 28% of the lottery’s profit to pay for the administration costs. The remainder is distributed to the Thai treasury and to various charities. The lottery also generates over four billion baht per year to support various causes in the country.
The Thai lottery is an important source of revenue for the government, and it has been legalized for almost a century. The government has also used the lottery as a political tool. King Rama VI, who ruled from 1910 to 1925, temporarily banned lottery houses because of the British Empire’s criticism. The military government eliminated the optimal amounts, so the lottery now has a lower payout.
A ticket costs between 40 and 80 baht. เงินไหลมาเด่นบน are subject to a stamp duty. The Thai Lottery is a great way to build your money, but do your research before investing.