Thai Lottery is a state-run lottery operated by the Government Lottery Office (GLO). The GLO is responsible for printing and selling tickets to wholesalers, who then distribute them to more than 14,700 authorized retail venues in Thailand. The GLO is under the administration of the Government and operates within strict legal boundaries. In 2014, approximately 67 million people played the government lottery, spending around 67 billion baht.
The winning numbers are drawn on the first and 16th of every month. Results are broadcast on national TV. The top prize for this lottery is a substantial sum of money, but there are also smaller prizes. Winners have two years to claim their award, and a prize sum that is lower than 20,000 baht can be cashed out at any authorized retail venue. Larger amounts must be claimed at the head GLO office in Nonthaburi.
While there are many different ways to play thai lotto, the most popular is to buy tickets from GLO-approved vendors or licensed agents. These vendors can be found at all major shopping centers, gas stations, and other places where lottery tickets are sold. They are required to have a valid license and are subject to regular inspections. The GLO also ensures that all players are able to purchase lottery tickets by setting the maximum price at which tickets can be sold.
To prevent counterfeiting, thai lotto tickets are printed on special yellow, thin, and smooth paper with a two-tone watermark of Wayupak, the mythical bird of Thailand. They also feature two types of silk thread, one of which is visible to the naked eye and the other is visible under ultra-violet light. Moreover, the ticket is coated with chemicals. Drops of bleach will show stains on the ticket, while drops without the chemical will not.
Lottery is very popular in thailand and is a major source of revenue for the country. It is estimated that the lottery industry in thailand generates 28% of the country’s total revenue. In addition, the lottery is a major contributor to the tourism sector and is one of the most important sources of employment in thailand.
In addition to the government-controlled lottery, there are private lottery companies. These companies offer a variety of games and have become a popular form of entertainment among the thai. Some of the private companies even have online lottery websites.
Although thai lottery is not the most impressive game in terms of jackpot prizes, it is still worth playing. It has a strong national following and is very popular with foreign tourists. The passion of the thai to pursue lucky numbers makes it a ritual that is difficult to resist.
While the government has taken great leaps in ensuring fairness for its citizens, there are some limitations that must be considered before playing the lottery in Thailand. For example, players must be at least 20 years old to be eligible to participate. The government also prohibits foreigners from purchasing lottery tickets from unauthorized sellers.