Things You Should Know About the Thai Lotto

thai lotto

The lottery in thailand is one of the biggest games in the country and it has become an integral part of the Thai culture. Its popularity among local people can be attributed to its simplicity and the fact that there are two draws a month, making it easy for everyone to participate. However, there are some things you should know before buying a ticket.

Lottery tickets are printed on special yellow paper with a two-tone watermark of a mythical bird called a Wayupak and chemically coated to show stains under ultraviolet light or drops of bleach. The papers also contain a number of security features to deter counterfeiting. For example, the ticket numbers are pre-printed and cannot be modified. Moreover, the paper is impregnated with chemicals that make it impossible to reproduce the ticket’s barcode and serial number using a photocopier. It is also difficult to remove a number from a ticket without damaging it.

There are several different prizes available in the thai lotto, including first prize money of up to 30 million baht, which is equivalent to roughly US$1.3 million. There are also other prizes of up to 20,000 baht, which are paid out in cash at authorized retail venues. Larger sums must be claimed at the head GLO office in Nonthaburi. All winners must present their winning lottery ticket, valid identification document and bank account details when claiming their award.

The thai lotto is held twice per month, on the first and 16th of each month. It is a popular game with the highest jackpot ever recorded being more than 30 million baht. There are no tricks involved in playing the lottery, and you can increase your chances of winning by purchasing more tickets. In addition, it is advisable to check your winning numbers every day in order to maximize your chance of winning the jackpot.

When Thaksin was prime minister in the early 2000s, he expanded legalized gambling and introduced two- and three-digit lotteries. His efforts were cut short in 2006 when the military government that ousted him ruled his lotteries illegal.

In the past, some vendors were known to sell tickets featuring what they considered lucky numbers for ridiculous prices, effectively robbing players of their hard-earned money. These practices were brought to an end in 2015 when a maximum price was instituted for the sale of lottery tickets.

The proceeds of the thai lotto are funneled into various sectors, with prize money accounting for 60% of the total revenue. The remainder is split between street vendors (12%), ticket wholesalers (2%), social activity fund (3%), and foundation, association, and organization discount (3%). In the case of a win, players have two years to claim their prize. Winnings of 20,000 baht or less can be cashed out at an authorized venue, while larger amounts are typically paid in the form of a cheque. A 5% stamp duty is payable on all lottery wins, whether they are from the government or charitable lotteries.