What is Thai Lotto?
Thai Lotto is a popular and legal form of gambling in Thailand. It offers several types of tickets. The two main tickets include the Thai Government Lottery (TGL) ticket and the Thai Charity Lottery (TCL) ticket. Both of them have different first prizes and bonus prize amounts.
As with any lottery, you must buy your tickets from a retailer or an agent. Tickets are printed on special yellow paper, which features a silk thread and a two-tone watermark. They are also coated with special chemicals to make them resistant to staining.
There are two lottery draws each month. Each draw is broadcast live on TV. Results are announced around 5 pm. You can check the results on the official website. Depending on which type of ticket you are playing, you may have to provide your ID card or passport. In addition, you are required to pay stamp duty on any winnings.
The Thai lottery started with an English man named Mr. Alabaster. He began his operation in 1868. หวย 7 เซียน During World War I, it was used to provide financial assistance for Thailand. A number of other countries began to adopt lottery as a means of raising funds. Originally, the first prize was 22 million baht and the second was 30 million baht.
Since then, Thai Lotto has been operated under a legislative framework. This allows for the allocation of a portion of ticket sales to national causes. These funds are allocated in the form of scholarships for undergraduates and for civil services. Additionally, 27% of tickets are allocated to disability organizations.
While there is a chance of winning, the odds of making a large amount of money are low. For example, the odds of winning the top prize are one in a million. However, if you purchase a ticket with a hot combination, your chances are significantly higher.
Besides the first prize, Thai Lotto offers two other prize amounts: the third and fourth. The third is a 40,000 baht prize, while the fourth is a 10,000 baht prize.
To claim your prize, you need to visit a lottery office. There are three in Bangkok. If you win, you will need to fill out a claim form and present a valid passport.
Once you have won, you must claim your prize within two years of the draw. The prize is not paid out in cash, but instead in cheques. Unless your prize is less than B20,000, you must pay stamp duty on it. Also, you must pay the corresponding local tax.
Unlike many other lottery systems, Thai Lotto is a state-run entity. Therefore, it is safe to play. All winners must present their winning ticket and passport.
Thai Lotto has very good odds and is an excellent way to win big. However, you have to play regularly and check your lucky numbers to increase your chances of success. Be careful of frauds. Some people will offer you fake tickets or sell you a lottery that has no value.