Lottery in Thailand

thai lotto

Lottery in thailand is a popular way for people to win large sums of money and improve their lives. However, there are several things that people should consider when playing the lottery. First, they should choose the numbers that are logical. They should also look at their past results and analyze them. This will help them make better decisions in the future. Finally, they should stick to the game and not quit after a few failures.

Lotto in Thailand is run by the government and has two draws every month. The first draw is on the 1st and the second is on the 16th of the month. Winnings are based on the total number of matching six-digit numbers. Winners have up to two years to claim their prizes. Besides the first prize, there are two other major prizes: a second and third prize of one million baht each.

The main source of income for the Thai lotto is the ticket sales. Ticket sales account for 60% of the total prize pool. The rest of the proceeds are divided into different sectors, including street vendors (12%), ticket wholesalers (2%), social activity fund (3%), and foundation, association, and organization discount (3%). The remaining 20% is channelled to the treasury and used for prize money.

Although the government has cracked down on illegal gambling, a massive underground lottery system still exists. A spokesman for a huay tai in company estimates that as much as $10 billion is spent on lottery games in the country. Many of the bets are placed on European soccer matches, with one bookie in Bangkok reporting weekly turnovers of $12 million.

Thais are big gamblers and love to bet on their favorite sports. In fact, they are said to place more than $2 billion in bets on European soccer matches every year. They have also been known to bet on lottery tickets.

In addition to the official lottery, some Thais use superstitions as a guide when choosing their lottery numbers. For example, they may look for lucky numbers on the license plate of a recently crashed vehicle or on highway numbers where accidents have occurred. It is commonly believed in Thai culture that tragedy precedes good fortune, so these numbers are more likely to be winners. Other strategies for picking numbers include praying to banana trees, interpreting candle drippings in holy water, and asking children to pick random numbers. Many winners have reported using these techniques to increase their chances of winning.