Thai Government Lottery2

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  • Create Date March 15, 2025
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Thai Government Lottery2

Around 19.2 of 67 million Thais played the government lottery, spending 76 billion baht (US$2.3 billion) in 2014, according to the Family Network Foundation's Secretary Wanchai Boonpracha. Unlike in most countries, where the government licenses and monitors the lottery business, the Thai GLO itself prints and sells the tickets to wholesalers. The strict laws that forbid other gambling activities results in the GLO pocketing 28% of lottery profits for state use.
Lottery tickets were first issued in the reign (1868–1910) of King Rama V. At that time the king granted the Royal Bodyguard permission to operate a lottery on the occasion of his birthday in 1874. Lotteries were then held intermittently until 1933 when they became a standard government revenue source. Over the years the price of lottery ticket has climbed from one baht to its present official price of 80 baht, although that price has been seldom observed, a surcharge invariably being added.

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