thai lotto is organized and managed by the Government lottery office (GLO). It’s the main source of state revenue. GLO prints the thai lottery tickets and sells them to wholesalers. The thai lotto is the only legal form of gambling in Thailand. The lottery is a very popular game among the thais of all ages. In 2014, 67 million people of different age groups played the Government lottery and spent 76 billion baht. The winnings are used for various purposes, including the prize money and social activities. The Government also uses 28% of the profits for its state affairs.
The thai lottery results are posted on the official website of the lottery. These results are updated regularly and can be accessed by anyone. They are also available as a mobile application. The results of the thai lottery are compiled by a group of experts who verify the accuracy of the data. They also ensure that there are no errors in the winning numbers.
Each thai lotto ticket has a six-digit number and is printed on special yellow paper. The paper has a watermark of Wayupak, a mythical bird. The paper is also treated with chemicals to prevent counterfeiting. Using a drop of bleach, you can see stains on the paper. The stains will not show up under ultraviolet light.
Some thais take a more pragmatic approach to the lottery by interpreting dreams or seeing animals as signs of good fortune. They can also try a number of other strategies, such as praying to banana trees or reading the license plate numbers of cars involved in accidents on the highways. However, there is no denying that the lottery is a game of chance and it requires a lot of luck to win.
The thai lottery is a national event and is held twice a month. The drawing takes place in front of a crowd of spectators in the National Stadium in Bangkok. It is the second largest lottery draw in the world after China’s. It is a popular pastime for many Thais, especially women, who play the lottery more often than men.
Winners must fill out a claim form and present the winning ticket together with their Thai ID card or passport, for foreign bettors. They must also pay 0.5% stamp duty on winnings from the government lotteries and 1% on winnings from charitable lotteries. Those who don’t want to wait long to receive their winnings can opt for the Express Win option, which allows them to cash out prizes of 20,000 baht or less at authorized retail venues. If the amount is larger, winners must visit the head office of the thai lottery in Nonthaburi to claim their prize. The winner has two years from the date of the lottery to claim their award. Prizes that are not claimed within this timeframe will be transferred to the state treasury as state revenue.
