thai lotto is one of the popular lottery games in thailand. It allows players to win big funds and improve their lifestyle. It is not for everyone, however, as the chances of winning are relatively low. In order to increase their chances of winning, players must verify their papers for lucky numbers. They should also compare the results with those of previous draws to see if their lucky numbers have changed.
The thai lotto is administered by the Government Lottery Office (GLO) and is drawn on the first and 16th of each month. It is one of the only two forms of legalized gambling allowed in Thailand. Its revenue is used to fund state projects.
To discourage counterfeiting, each ticket is printed on a yellow, thin, and smooth paper that features a two-tone watermark of Wayupak, the mythical Thai bird. The paper is also coated with chemicals that react to bleach. A drop of bleach on the ticket will stain it, while a ticket that has not been treated with a chemical will remain unstained. To make it easy to identify, each ticket is printed with a six-digit number.
Winners must claim their award within two years of the date of the drawing. Sums lower than 20,000 baht can be cashed out immediately at an authorized retail venue. For larger amounts, the winner must visit the head GLO office in Nonthaburi. Unlike other forms of gambling, the prizes for the thai lotto are not paid out in cash, but rather in a cheque that is issued to the winner’s name.
Lottery in thailand was established in 1917 when King Vajiravudh (Rama VI) allowed his citizens to purchase tickets into the British Patriotic Council lottery. The money raised was used to fund the purchase of weapons for the military and was named after the King. In 1952, the GLO began printing its own tickets and became a major source of state revenue.
Until 2015, the GLO sold tickets to national wholesalers, commonly called brokers, who then sold them in the local market. The brokers often increased the price of the tickets and kept the difference. The price of a ticket that was considered to have lucky numbers could rise as high as five times its original price.
Only registered vendors are allowed to sell the thai lottery, and there are more than 35,000 of them nationwide. They are required to be at least 20 years old and must register with the GLO. They are also required to pass a background check and take training. In addition, the GLO requires that they pay a monthly fee. If a vendor does not meet these requirements, they are removed from the list of approved sellers. The GLO also has a hotline that provides assistance to lottery players. In the event that a player does not receive a prize, they can file a complaint with the GLO. They will then be notified of the next draw date.