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Thursday, December 8, 2022

Government Lottery Office to introduce 100 million baht Jackpot


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The Government Lottery Office is proposing both two and three-digit lotteries with a 100 million baht jackpot. It wants the new government to take the suggestion into consideration.

Department of Excise, Director General Phachara Anantasilp, who chairs the Committee of the Government Lottery Office, said the committee was scheduled today to consider the plan to start a two and three-digit lottery, and Lotto online.

If approved by the committee, the plan would be forwarded to the new government for consideration.

The Government Lottery Office could be ready to begin a two and three-digit lottery in two-months time if the government approved it.

But the issue of Lotto online would take more time.

Prizes in the two and three-digit lottery would account for 60% of total sales of lottery tickets while 23% would a bangkok jack report go into state coffers and 17% wold cover the additional expenditure by the Government Lottery Office.

Whether or not there should be a jackpot for the two and three-digit lottery would depend on the viewpoints of those concerned.

A jackpot might account for 10% of the prize pool, or no less than 100 million baht if the sales of lottery tickets totaled over two billion baht.

Such diversity in the lottery business is designed to keep lottery vendors from overcharging on the prices of lottery tickets today.

The proposed two and three-digit lottery and Lotto could become available on a mobile phone Application so that customers could directly buy their tickets at the cost level.

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