Thai people love lotteries. It is much more than just a game – it is a part of their culture. If you visit Thailand, it would not be long before someone approaches you with a brown briefcase. Yes, it is a vendor urging you to สมัคร หวย!
You see them everywhere – the entrances of offices, temples, grocery stores and so on. However, thanks to the power of the internet!You do not have to pay a visit to Thailand, to experience what a Thai lottery is like.
The Thai lottery – decoded
There are primarily two kinds of lotteries – the government lottery and the underground lottery. Of course, the latter is not regulated by the government, by they are impossible to crackdown on them. In fact, you will find people having casual conversations about the underground lottery!
What is the difference between the two? วิธี เล่น หวย หุ้น ไทย? Let us explore.
The government lottery
In this type of lottery, only vendors authorized by the government can see tickets. The government caps the price of the ticket (at 80 Baht). The prizes are drawn on two days of the month – 1st and 16th. Winners of smaller amounts can directly collect their prizes from the vendor who sold them the ticket. For winnings above 20,000 Baht, you should collect it in person from the GLO office – the body that monitors and regulates the lottery.
The bonus here is that all tickets are sold in pairs. Thus, you buy two tickets with the same number. So whatever you win, you get double the amount! As there are several lower level and consolation prizes, you get something even if you do not land the big one.
The limitation with the government lottery is you need to wait for those two days of the month for a prize announcement. And of course, you should visit the country just for the lottery experience!
The Huay lottery
Now, to the more exciting version of the Thai lottery! Go to one of the numerous websites online and buy your tickets. Here, you do not have to wait for the 1st or 16th of the month. Wait, that’s not it!
Websites offer many more types of lottery too. You have the ping pong lottery, the Thai stock lottery and so on.
The Thai stock lottery is based on the Thai stock market index. The draws are decided based on the opening and closing of the day’s stock market. For more fun, you can explore the foreign stock lottery too; the same concept – with foreign stock numbers for reference.