What is the Thai Lotto?

thai lotto

The thai lotto is a lottery game administered by the GLO (Government Lottery Office). It is the source of state revenue. The GLO prints the tickets and sells them to local registered vendors and in the local market. The lottery is a popular pastime for many Thais and is a great way to test one’s luck. Winning a prize is entirely dependent on chance, but there are ways to increase your chances of winning by playing responsibly and getting your tickets from approved sellers.

If you’re a lucky winner, you can claim your prize within two years of the draw date. To do this, you must visit one of the three GLO offices in Bangkok. You’ll need to bring your passport and proof of identity. The GLO will then give you a cheque, which you must present to the bank. You’ll also need to pay a 0.5% tax on your prize.

How much does it cost to play thai lotto? Each ticket costs 80 baht. This is a little more expensive than the price in the US, but the difference is small and it’s still cheaper than most other forms of entertainment. Retail venues and brokers put a percentage on top of the ticket price to generate income. This is the reason why some people say that the prices of thai lotto are too high.

The official odds of winning are one in 1,000,000, but these odds can change drastically depending on how many tickets are printed and sold. This is why it’s important to research the numbers before purchasing a ticket. The most common strategy is to check previous winners and look for trends. Some players even consult religious figures to see if they can get any hints about the winning numbers. For example, if a respected monk dies, people will head to his temple not just to pay their respects but also in the hope that they’ll receive some helpful digits.

Each thai lotto ticket has a six-digit number. It is printed on a special yellow, thin, and smooth paper with a watermark of Wayupak, a mythical bird from Thailand. The ticket is also coated with chemicals. If you drop a bleach solution onto it, the paper will show stains while those without the chemical will not.

The GLO only allows registered locals to sell thai lotto tickets. This is to prevent the sale of counterfeit tickets. The vendor must also be at least 20 years old. Some of the proceeds from the lottery are given to the social activity fund while the rest is distributed among street vendors (12%), ticket wholesalers (2%), foundation, association, and organization discount (3%). The remaining 20% is funneled into the treasury.