Thailand Lottery King Result: The Government lottery office administrates Thailand’s official national lottery. Thailand Lottery is a kind of gambling that is taken care by the Thailand government itself. It is the most popular legal form of gambling in Thailand. The lottery will be drawn on first and sixteenth of every month. To be one of the winners in the Thailand Lottery King, we have provided some useful information on this article. Therefore, the topic is about the Thailand Lottery King Result of 2017. Moreover, there are also some tips that help you to win the Thailand lottery.
The winners of the Thailand Lottery King will be announced, and they will be given the prizes. The prizes should be claimed within two years of the draw date of the lottery. The prizes that are less than 20,000 baht are paid in cash by the lottery retail vendor. In that, around 1 to 2% commission will be deducted from the gross winnings. For the prizes more than the 20,000 baht the person should be present to receive the cheque at the government lottery office. All the winnings of the lottery are subject to a tax of 0.50%on the Government lottery and 1% on the Thai Charity Lottery.
Check Out Thailand Lottery King Result
The Thailand Government itself prints and sells the tickets to the wholesalers. The Thailand lottery tickets are sold to the national wholesalers who then sell them to the local retailers. So, the tickets are available only from the retail agents. You can find the lottery vendors easily, as they will be roaming in the markets, streets, and villages with their signature slim wooden ticket briefcase. The official cost of a single ticket is about 40 baht. But the lottery tickets can be purchased only in ticket-pairs, which makes the official retail price to 80 baht.
Results of Thailand Lottery King
Moreover, there are two kinds of Thailand lottery tickets. The first one is the Thai Government Lottery (TGL) ticket. The second one is the Thai Charity Lottery (TCL) ticket. These titles are printed at the upper left of each of the ticket. Apart from the names, the two tickets differ only in their first prize payouts and the amount of tax to be paid on winnings.