THAI LOTTERY is an exciting form of gambling that allows you to win big prizes. The game is very popular among the locals and is one of the only forms of legalized gambling allowed in the country. Unlike many other international lotteries, the thai lottery requires no special skills to play and is easy to understand.
The thai lotto is run by the government and has two drawings every month: on the first and 16th of each month. Prize money is paid out to winners within two years of the drawing. In order to claim your award, you must bring your ticket to an authorized retailer venue and present your identification card. Prizes of less than 20,000 baht can be cashed out immediately, while larger amounts are paid out by check from the GLO head office in Nonthaburi.
To discourage counterfeit tickets, each lottery ticket is printed on a yellow, thin, and smooth paper that features a watermark of Wayupak, a mythical bird of Thailand. It also contains a special silk thread that can be easily visible with the naked eye and is invisible to infrared light.
There are two different types of thai lottery tickets, TGL and TCL. TGL is the Thai government lottery and has a higher jackpot than TCL. Both types of tickets have identical numbers and a six-digit number is drawn to determine the winner. The prize money for TGL is capped at three million baht, while the TCL jackpot is two million baht.
Until October 2015, lottery tickets were sold through a multi-tiered system. The GLO printing presses would sell the tickets to national wholesalers (known as brokers) who then sold them to the nation’s 14,760 registered retail vendors. Brokers and retailers would then put a mark-up on the tickets to generate additional revenue. This resulted in tickets with a lucky number being sold for much more than the maximum price set by the GLO.
Today, you can buy a ticket online through the GLO website. However, it is important to note that you cannot purchase a ticket online from an outside vendor. This is because you need to have an ID and a bank account in order to purchase tickets. There are, however, a number of third-party websites that can be used to purchase lottery tickets in Thailand.
Although the thai lottery is not as large as some of its international counterparts, the payouts are still substantial. In addition, the odds of winning a thai lottery are very high. The only drawback is that it is not possible to play the thai lottery from abroad, but the government has taken steps to ensure a fair lottery. Nevertheless, it is essential to follow the rules and regulations of the lottery in order to ensure that you are not scammed by an untrustworthy vendor. For this reason, it is recommended that you play the lottery in a trusted location and only use certified and licensed agents.
