What is the Thai Lotto?
What is the Thai Lotto?
The Thai Lotto is a national lottery in Thailand. ลือลั่น สนั่นเมือง has a legislative framework that dictates the operations and prize payouts. Among other things, it generates four billion baht a year to fund scholarships and community projects. It is also a member of the World Lottery Association.
Unlike other lotteries, the Thai Lotto is a state-run enterprise. Tickets are sold by retailers and brokers. They have two different types of tickets, each with its own set of rules and conditions. A winning ticket contains a six-digit number and ancillary information. These tickets are printed on special yellow paper with a two-tone watermark.
There are two types of prizes offered by the Thai Lotto. First, there are six million baht prizes. The other is the bonus prize of 30 million baht. To get your chance at winning, you must pick a number from a range of 900,000 baht to six million baht. You must present your passport or a foreign ID card to claim the prize. If you win, you must visit a GLO office or a local agent to claim your prize.
Thai lottery tickets are available at reasonable prices. You can buy one million baht tickets for around 160 baht. Prices for the other prizes are lower. Generally, you will pay a percentage of the total cost of the ticket. In addition, your ticket must include a second pair of numbers. This ensures that you will not be paying more for a lottery ticket than it is worth.
As part of its mission to support charity, the Government Lottery Office (GLO) gives the proceeds of the lottery to charities. One of these charities is the Thai Red Cross. During the war, the red cross used lottery funds to help people in need.
Before deciding to play, you should do some research on the numbers. Typically, ลือลั่นสนั่นเมือง choose the numbers they think are lucky. For instance, they often select fives, because they believe that five is the number of luck. Another popular number selection technique is the use of soothsayers. People sometimes interpret their lucky numbers as omens or signs of their fate.
You should be aware that if you are a winner, you must pay stamp duty. All prizes that are paid in cash or in cheques are subject to stamp duty. When you win a prize of B20,000 or less, you must also pay 0.5% tax. Those who have won larger amounts must cash their tickets at the GLO office in Nonthaburi or a retail venue authorized by the office.
The Thai Lotto is very popular in many countries. Even in Saudi Arabia and Pakistan, you will find lottery sellers. However, it is important to be careful when playing the lottery because of the risk of being scammed. Some fraudsters are trying to take advantage of the popularity of the Thai lottery.
Several surveys conducted by the police suggest that the underground lottery is a major source of petty corruption in Thailand. The estimated size of the underground lottery is a staggering four to five times the size of the official lotteries.