If you are interested in winning big money, you may want to check out the Thai lottery. It’s a national lottery that is governed by the government. The odds of winning the top prize are one in a million. However, you should be cautious when playing the lottery. There are many vendors who will try to scam you.
The government lottery was established in 1923 to collect funds. King Rama VI, who was the ruler from 1910 to 1925, wanted to appeal to Western notions of civilisation. He also wanted to show his commitment to the welfare of the people. In response, the Government Revenue Department organized the lottery operations. At that time, the top two prizes were 22 and 30 million baht.
After the draw, the winners have two years to claim the prize. Before they can do that, they have to pay a tax on their prize. This tax is calculated as 0.5% of the ticket price. They must visit the GLO office to claim the prize. A winner has to present his/her passport and the winning ticket.
The ticket itself is printed on special paper, with a two-tone watermark. The paper has silk thread embedded. Under ultra-violet light, the thread is visible.
The tickets are distributed by vendors who buy them from the Government Lottery Office. Vendors must be at least twenty years old and must be from a specific area. You can find a list of registered vendors on the official GLO website.
Each ticket contains a six-digit number. The three numbers on the top are used to win the first prize, while the lower numbers are used to win the second and third prizes. Lower-prize tickets are sold at a rate of two to five lots for every hundred baht.
The number of tickets printed per year was 180 million in 1974. Today, 67 million people play the lottery. More than 35,000 vendors are registered to sell the tickets. Among those vendors, 15,000 are located in Bangkok, while the other 20,000 are spread across the provinces.
When you play the lottery, you must purchase the ticket from a vendor who is a member of the GLO. The vendors, who buy the tickets from the GLO, must be able to prove their ID. Since the Thai lottery is a state-run entity, the government has a tight legislative framework. Moreover, the total revenue from the lottery is divided into several sectors. 12% is allocated for administrative costs, 3% goes to the charities, and 20% is devoted to the Thai treasury.
The smallest prize is 1,000 baht. The second is 100,000 baht, and the third is 40,000 baht. เลขม้าวิ่ง and fifth are 80,000 baht and 10,000 baht, respectively. Tickets for the larger prizes are not cashed out in cash. Instead, the winners receive cheques or they can go to authorized retail venues.
Some people believe that signs of their future are written on their lottery tickets. Often, these are interpreted as coincidences or omens.