Lottery in thailand is one of the most popular forms of gambling in Thailand. The country’s lottery is run by the government and is regulated. It has a long history and is popular among locals and foreigners alike. The jackpots do not rival those of international lotteries, however. Regardless, it is still a fun way to pass the time.
The lottery in thailand is operated by the government-owned company GLO (Thai:
To prevent counterfeiting, each ticket has a six-digit number and is printed on special yellow, thin, and smooth paper that features a two-tone watermark of the mythical Thai bird Wayupak. The paper is also coated with chemicals. A drop of bleach will stain it, while a piece without the chemicals will not show any stains.
In addition, each lottery number has a specific meaning: for example, the first three digits signify wealth, the middle digits symbolize luck, and the last two digits indicate health. To increase the chance of winning, players can purchase multiple tickets. If all of the digits match, the winner will receive a prize of up to B30 million.
Lottery is widely used in Thailand to improve the lives of the poor and to promote economic growth. However, some people are too swayed by superstition to take the lottery seriously. They will search for numbers that they think are lucky, ranging from the number of dots on a cat’s fur to the numbers found on license plates of crashed cars or highways where accidents occurred.
The odds of winning the top prize are one in a million. Unlike many other lotteries, the winners of the thai lottery are not allowed to change their winnings to cash. They must use the money for investment or to improve their quality of life.
The thai lottery is held twice a month, on the first and sixteenth of each month. It is one of the two forms of legal gambling in Thailand, the other being horse racing in Bangkok. It is one of the most popular pastimes in the country, and GLO expects to print more than 252 million tickets this year. The winner must present the winning ticket and a valid identification card or passport for foreigners to claim their prize. Prizes must be claimed within two years from the date of the draw. Winners must also shoulder a 0.5% stamp duty on government lottery winnings and 1% stamp duty on charitable lottery winnings. In addition, winners must pay a 5% sales tax to their ticket vendors. If they do not, the GLO will not issue a refund.
