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Despite the ban on all forms of gambling, the Thai lottery continues to be played. Over one third of the Thai population plays regularly.
Thai lottery tickets are sold by a network of ticket sellers and brokers. These vendors are licensed and must be at least twenty years of age.
Thai lottery tickets are made from special paper that features a two-tone watermark. Two types of silk thread are used to print the ticket. There are six digits on each ticket. The first three digits are B2,000 (two prizes available), the second is B10,000 (one prize available), and the last three are B1,000 (one prize available).
The lottery was introduced to raise money for social and economic advantages in 1932. In 1934, the lottery was introduced to the provinces.
The Thai Charity Lottery is a lottery run by the Thai Red Cross Foundation. Its legal framework requires that 28% of the proceeds go towards administrative expenses and 9% to fund the charity. The charity must also spend 3% on administration expenses.
The Thai lottery has a legislative framework that determines the percentage of ticket sales to support national causes. In addition, Thai lottery tickets are governed by a special taxation system. There is a 0.5% stamp duty on the first digit and 1% on each of the subsequent digits. Similarly, lottery prize winners must pay withholding taxes.
If เลขเด็ดสูตรสำเร็จเงินล้าน win, you have two years to claim your prize. To do this, you must present your passport or Thai identification card, your winning ticket, and a claim form.
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