What You Need to Know About the Thai Lotto

thai lotto

The thai lotto is the official national lottery of Thailand, operated by the Government Lottery Office (GLO). It is a very popular game and is one of only two forms of legal gambling in the country. It draws on the first and sixteenth day of every month and both Thais and foreigners are allowed to participate. While it is not the most lucrative lottery out there as far as jackpot prizes are concerned, there is something about this game that keeps people coming back for more. There are certain guidelines and tactics you can use to improve your chances of winning, but it’s a game of chance after all.

The prize amounts and the odds of winning vary depending on the number of tickets sold and the type of ticket purchased. The higher the number of tickets sold, the higher the chance of winning. The odds of winning a first prize are approximately one in ten million. The second prize is around one in five million. The third prize is about one in six million. The fourth prize is around one in three million. And the fifth prize is around one in two million.

In the past, lottery tickets were printed by GLO and sold to a network of nationwide wholesalers known as brokers. The brokers then sold the tickets to local retail venues, including small stores and restaurants, which in turn sold them to customers. The whole process was incredibly expensive and often resulted in overcharging by brokers. However, after a military government took control in 2014, it became clear that the system needed to change. As a result, the maximum price was set at 80 baht and this has made the game more accessible to all people in Thailand.

A total of 165 prizes are available. The winner of the top prize receives 2 million baht, while the winners of the lesser prizes are awarded with cash amounts that are based on their numbers’ position in the draw. In addition to this, there is a bonus prize of 20,000 baht for all those who have the same number as the winning number, but with an odd or even last digit.

To claim the prize, a winner must present his or her Thai ID card or passport (for foreigners). A queue number is then assigned and the draw chairman randomly selects a colored ball to determine the order of the lesser prizes. Four different colors indicate a specific prize: yellow for the 2nd prize, pink for the 3rd prize, green for the 4th prize, and blue for the 5th prize. Then, the drawing chairman draws a six-digit number for the first prize and a two-digit number for the bonus prize. Finally, the drawing chairman announces the results and congratulates the winners.