What is the Thai Lotto?

thai lotto

The thai lotto is a government-run lottery operated by the Government Lottery Office (GLO). It is one of the only forms of gambling that is legalized in Thailand. Its revenue is earmarked to support national causes. In 2014, around 67 million people played the Government Lottery, spending a total of 76 billion baht. The GLO prints the tickets and sells them to wholesalers, who distribute them to more than 14,700 authorized retail venues across the country.

In order to win the prize in the thai lottery, players must match all six of their numbers. Depending on the type of ticket, the first prize is either three or two million baht. The second and third prizes are 40,000 baht and 10,000 baht respectively. Aside from these, there are several other prizes that can be won.

While it is difficult to predict the number that will win the thai lotto, there are some tips that can help players increase their chances of winning. For example, players can choose their favorite numbers based on their birthdays or anniversaries. They can also try to combine the numbers of family members or friends. In addition, they can visit the shrine of Mae Nak and ask her for divine guidance. She is known as a patron saint of women and is believed to have the power to guide their fortunes.

Another important factor is to be patient when playing the lottery. While it is tempting to drop out when you’re not hitting the jackpot, you’ll find that if you stick with the game, you’ll eventually get lucky. Moreover, you should avoid buying a number that’s too old or too close to the last winner’s. Lastly, you should never buy a lottery ticket that’s too expensive.

There are two primary types of thai lotto tickets: the Thai Government Lottery (TGL) and the Thai Charity Lottery (TCL). TGL is drawn monthly, while TCL is only held twice a year. The difference between the two is the first prize payout – TCL has a higher first-prize payout of up to three million baht, while TGL has a maximum first-prize payout of two million baht.

Aside from the prize money, the remaining revenue from thai lotto is distributed into different sectors. The government gets a large percentage, while street vendors and ticket wholesalers get their share as well. Lastly, foundations, associations, and organizations can apply for a discount on their ticket purchases. In order to claim a prize, the winner must present their ticket and a valid photo ID. Those with sums that are below 20,000 baht can cash their award at any authorized retail venue. However, larger amounts will have to be claimed at the head GLO office in Nonthaburi. This is because the winner must pay a 0.5% stamp duty on Government Lottery winnings and a 1% stamp duty on charitable lotto winnings. The GLO website offers additional details on claiming prizes.