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Phuket Poll: Is the Thai lottery worth playing?

PHUKET: Each week, tens of thousands of people play the Thai government lottery, with many people choosing a lucky number such as a birthday or a license plate number in the hope that it literally brings good fortune.

opinion, economics, culture,


The Phuket News

Tuesday 30 August 2016, 09:57AM


Is it worth buying a ticket in the Thai government lottery? Or are other interests more important? Photo: The Phuket News
Is it worth buying a ticket in the Thai government lottery? Or are other interests more important? Photo: The Phuket News

Many others let fate decide and choose a ticket at random from the one million numbers available.

Yet many people believe the odds of playing the Thai lottery are not favourable and without the old “jackpot” prizes, the maximum major prize to be won with one pair of lucky tickets bought for B80 is limited to B6 million, less taxes. (See Q&A ‘One in a million: All you need to know about winning the Thai Lottery’, click here.)

The Government Lottery Office (GLO) this week is likely to receive a proposal from Tanawat Polwichai, a GLO official who recently headed an investigation into the operations of the lottery, to print more books of tickets. (See story here.)

However, the effect of printing more books of tickets will increase the opportunity for people to win bigger prizes, but will not increase the actual chance of winning.

To this, The Phuket News asks readers, “Is the Thai lottery worth playing?”

Responses available are:

  • No, the chances of winning any of the prizes are too small.
  • No, the prizes are not big enough and without a “jackpot” it’s not worth entering
  • Yes, the tickets are cheap and the main prizes are large enough.
  • Yes, if you believe in your luck. Luck is all it takes to win any lottery.

To vote in the poll, click here.

The poll will close at midnight on Sept 15, just before the next mid-month draw.

If your preferred response is not available, feel free to express your opinion in the comments section below.

To see the results of our previous poll, which asked, “Is Pokemon Go a boon or curse for Thailand?”, click here.

If you have a suggestion for a poll, email execeditor@classactmedia.co.th with “Poll suggestion” in the Subject line.

 

 

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Shihabudheen | 15 September 2016 - 23:38:05

please leke number

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malczx7r | 30 August 2016 - 12:53:24

Isn't this gambling???

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Foot | 30 August 2016 - 10:12:22

If the net payoff, after taxes, doesn't pay the same as the odds of winning, it's a bad bet.  i.e.  If the odds of winning 1,000,000 on a B1 ticket are 2,000,000 to 1, it's a terrible bet.

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