How do you make money from the Thailand lottery? Anyone may play and win the state lottery in Thailand. People who win a prize in the government lottery, the results of which are announced on the 1st and 16th of each month must claim their prize within two years of the draw and pay a tax of 0.5% of the winnings.
Can foreigners claim prizes in the government lottery? If so, what are the policies for this? Are any taxes or surcharges payable? And how can prizes be claimed?
I have heard that prizes can be claimed through banks in Thailand. Some people have said that the bank can do the transaction for you for a certain fee, thereby making it hassle-free and keeping the winner’s identity private. Is this true?
Anyone may play and win the state lottery in Thailand
People who win a prize in the government lottery, the results of which are announced on the 1st and 16th of each month must claim their prize within two years of the draw and pay a tax of 0.5% of the winnings.
Winners of the occasional special lotteries organized by the GLO to support specific charities must claim their prizes within 10 years of the result being announced. The tax on winnings in these lotteries is 1% of winnings.
Those living in Bangkok should go to one of the following three GLO offices in Bangkok:
• Building 1, 3 Rajdamnern Klang Rd, Talad Yod, Phra Nakorn;
• Room 405, 5th floor, Building 4, Siam Commercial Bank, Radchadapisek Rd (Ratchayothin Intersection), Chatuchak; or
• Room 77/27, 2nd floor, Sin Sathorn Tower, Krung Thonburi-Klongsarn Rd, Klongsarn.
Those outside the capital who win either of these lotteries should claim their winnings from the local Provincial Office of the Comptroller General’s Department (CGD). The Phuket CGD office is on the first floor of Phuket Provincial Hall, 5 Narisorn Rd, Phuket City.
Winners of the three-digit lottery can claim their prize money from the shop where they bought the ticket, or from GLO or Provincial CGD Offices. A tax of 1% will be deducted. There are no other deductions from winnings in the three different types of lottery.
Currently, prizes cannot be claimed through banks in Thailand. It is GLO’s policy not to disclose personal information about winners.
Thailand Lottery Organizer:
Thai Lottery organized and managed by the (GLO). The Government lottery office is under the administration of Thailand’s Government. The GLO of itself prints and sell the tickets to wholesalers. In Thailand, they have only legalized forms of gambling allowed only i-e (Thai Lottery & Horse Racing).
The laws strictly prohibit all other bettings. The Government Uses 28% of lottery profits for state affairs and uses. Approximately 67 million people of different ages groups are playing the Government lottery. These people were spending 76 million baths (US 2.3 billion) in 2014.
Thailand Lottery Old Results Chart Sheet 2021:
Vithailottery.com has a huge collection of the previous and new results of Thailand lotto. The Lottery lovers check the old lottery results for buying the next draw tickets. We also share a variety of lotteries hot formula tips, Thai lottery 4pc 1st, 2nd, last papers & magazines, and cut 100% sure digits.
GLO Charter:
The Thailand lottery is a huge source of state income. Thailand’s lottery Government office was founded on 11 September 1974. But it fully worked on 1 October 1974.
History of Thailand Lottery:
The idea of the Thailand lottery goes back a very long way towards classical time. The Lottery was first started in Thailand during King Rama V. It was first drawn at an international fair to celebrate the king’s birthday.
Again in 1917, a lottery was drawn to give financial assistance for Thailand’s country into world war I; as an ally, in 1932, the Lottery was used to raise funds for social advantages. Thai red cross charity was used lottery funds to meets its expenses.
The Thai Government abolished the draftee tax, levied on Thai males who wished to forego mandatory services due to this act, the Government income shortfall. In 1934 the Government decided to start a lottery drawn to generate funds to cover the revenue shortfall.
Finally, the drawing was executed by the revenue department. The lottery process was also introduced to the provinces in the same year to finance the regional municipality operations.
The finance department established the first lottery board on 5 April 1939, which is now held as the founding date of the Government lottery office. After the establishment of the Lottery based in 1939, the control of the lottery operation was transferred.
Now-e-days the Government lottery office publishes 15 million tickets for each draw. For the promotion of the sport, it also issued two million tickets, and for other charity organizations, it issued seven million lottery tickets in the same draw.
The Government lottery office operated the most up-to-date large-scale printing press. The Lottery office prints ticket itself for each draw and handles printing jobs for other Government agencies. Thailand’s Lottery is the big source of revenue collection for the Government each year.
The lottery office transfers over 4000 million baht to the Government treasury. It also provides 440 scholarships of 20,000 baht for undergraduates and distributes eight million baht a year to various charities. In addition, the lottery office also distributes about 20 million baht a year for the welfare fund, civil services, and military personnel.
Rules of Thailand Lotto:
In Thailand, only two types of gambling allowed are horse racing and the other is a Thailand lottery Down. The Government strictly forbids all other forms of playing. However, the people of Thailand are very fond of being gamblers themselves. So due to this reason, the Lottery is taken very seriously in Thailand.
1 Comment
Comments are closed.