PM Prayut says no more lottery quotas for the 'five tigers'

[webfact]

PM says no more lottery quotas for the five tigers

BANGKOK: -- Prime Minister Prayut Chan-ocha assured today that lottery quotas for the so-called “five tigers” wholesalers which are due to expire in July will not be extended but will be reallocated to retailers.

He also allayed fear of a group of disabled lottery vendors that they will be deprived of lottery tickets for sale once the government introduces online lottery system.

He said that lottery tickets will still be available for reallocation to retailers, including disabled vendors, but the government has been trying to work out a mechanism so that lotteries are not overpriced.

One of the problems that is being looked at and being fixed is the unwanted lottery tickets that, in accordance with normal practice, are sold by the retailers to the “five tigers” which bear the financial burden but pass the burden to the other retailers and, finally, the consumers by means of inflating lottery prices.

The prime minister explained that some of the quotas of the “five tigers” will be given to convenience stores so the lotteries will be on sale at 80 baht apiece.

Source: http://englishnews.thaipbs.or.th/pm-says-no-more-lottery-quotas-for-the-five-tigers


-- Thai PBS 2015-03-25

[clockman]

This lottery and the illegal lottery illustrate what is wrong withThailand.

[useronthenet]

Whenever there is money to be made, rest-assured there always be a middle man (parasite) feeding off the others.

[Anthony5]

but the government has been trying to work out a mechanism so that lotteries are not overpriced.

Let me give you a suggestion dear General. You print the price of 80 Baht on the ticket and you sell it to the retailers for 70 Baht, with the condition that they can only sell it for the price printed on the ticket.

I understand this was a difficult one which you would never have come up with in the next 100 years, but feel free to ask if there is something you don't understand.

[TheAppletons]

Imagine if Vladimir Putin, Angela Merkel, Barack Obama, or David Cameron were running the lotteries in their respective countries, lol.

[casualbiker]

but the government has been trying to work out a mechanism so that lotteries are not overpriced.

Let me give you a suggestion dear General. You print the price of 80 Baht on the ticket and you sell it to the retailers for 70 Baht, with the condition that they can only sell it for the price printed on the ticket.

I understand this was a difficult one which you would never have come up with in the next 100 years, but feel free to ask if there is something you don't understand.

But. But .but that's what they do already!

[Srikcir]

How about supplementing lotto with scratch-off tickets sold through convenience stores. They can bring a lot of money into the government coffers at very little cost. They run for the duration of a game, usually a year, and require little in maintanence.

[casualbiker]

How about supplementing lotto with scratch-off tickets sold through convenience stores. They can bring a lot of money into the government coffers at very little cost. They run for the duration of a game, usually a year, and require little in maintanence.

Or maybe the other way round.. Update the lottery into a computerised lottery similar to UK and allow the current disabled sellers the scratch cards.. It would take a HUGE

re-education for them to understand. Also if the use of the lottery money was more transparent.. For good causes like orphan homes etc

[JAG]

How about supplementing lotto with scratch-off tickets sold through convenience stores. They can bring a lot of money into the government coffers at very little cost. They run for the duration of a game, usually a year, and require little in maintanence.

The scratch-cards in the UK are one of the biggest contributions to "problem gambling".

[jerojero]

Thought gambling was against Buddhist values, and formally illegal. More hypocrisy.

[Laughing Gravy]

As suggestions are been given here is mine. Make the lottery ticket state run. Nobody makes a profit. Half of the money goes as prizes. These are published every week and transparency is evident. The rest goes on worthy causes like sport, disability, community projects etc. This would be one thing that the people would be happy with the current regime. Obviously those who have been creaming the money off would be upset but after all it would be for a just cause. Probably a vote winner.

[mikebell]

As suggestions are been given here is mine. Make the lottery ticket state run. Nobody makes a profit. Half of the money goes as prizes. These are published every week and transparency is evident. The rest goes on worthy causes like sport, disability, community projects etc. This would be one thing that the people would be happy with the current regime. Obviously those who have been creaming the money off would be upset but after all it would be for a just cause. Probably a vote winner.

This is how it works in UK/Europe. For the equivalent of 100 baht you get a crack at a 6 number jackpot of 4 million UKP X 50 for Thai baht. (Smaller prizes for fewer numbers.) Much of the money goes on good causes like charities.

[JAG]

And who will decide on the worthy causes?

[trogers]

And who will decide on the worthy causes?

I volunteer!

[JAG]

Sadly I suspect the decision makers would be drawn from "the usual suspects".

[JOC]

A "government" supposed to run the country, cant even solve the issue of lottery ticket pricing??

Lord have mercy......................

[trogers]

A "government" supposed to run the country, cant even solve the issue of lottery ticket pricing?

Lord have mercy......................

Now you get to understand the depth of decades of corruption this country suffers.

And it is a very steep uphill task for this government of only one year to try solving.

[bill1369]

Lotteries most anywhere are a rip-off. Anyone can read multiple stories of where lottery proceeds go to in US. Generally, less than 10% of the take (and often as low as 2% or 3%) goes to things like schools or charities.

Just a scam to separate money (often from those who can least afford spending it) for a pipe dream of riches.

[klauskunkel]

fictitious interview:

Q: "So, what are your duties as Prime Minister of Thailand?"

A: "I am in charge of the lottery."

Q: "Ahem, thank you...I have no more questions for you."

[Eric Loh]

Add this to the KIV list which include clearing pathways, stoping trafficking, prevent Bkk flooding, deck chairs etc etc. hope he has the time to do the serious stuffs like reconcilation, reform, charter and the economy.

[Balance]

In big U.S. a lottery tickets costs $1 (32 Bhat). There is just one winning number, but since the draw is with replacement of all numbers, more than one winning ticket. The amount of money in the lottery increases each time there is a drawing and no one wins. This is why someone can win millions of dollars when they only bought one ticket each drawing. People who pick numbers less can win much smaller amounts of money. There are also much smaller lotteries with better odds of winning, but with smaller amounts.

It is a simple system and completed automated, therefore the accounting is automated from the moment the ticket is sold and so no corruption. The tickets are sold only in convenience stores and in some supermarkets.

It has also been argued that any lottery hurts the poorest people the most because winning is the only way up and out of poverty, but they do not understand just how little chance they have and so spend money they need for rent and food.

The profit the states make is directed mainly to education.

[Thai at Heart]

No way this is going to happen. These so called 5 tigers wash so much wonga for so much dodgy business, I am sure their licenses will be miraculously renewed forthwith

[RubbaJohnny]

This lottery and the illegal lottery illustrate what is wrong withThailand.

Absolutely the whole financial flux is swings and find outabouts

In a capital where the cops find it harder to find a casino than touts at the Airport or any tuktuk driver selective memory

Where a car show can cause outrage in a city famous worldwide for mongers

[fforest1]

Who cares if lotteries are a rip off who cares that lotteries are a tax on dumb people.

Who really gives a rats ass if a lottery vendor charges 100 Baht instead of 80 Baht.

Its a very good way to help the disabled and down and out by buying tickets from

them..

The new plan is nothing more than Robin Hood stealing from the very very poorest

and giving to the very very richest...

Sure their still free to sell tickets at almost no profit and if they cant sell them

<deleted> them who cares about the disabled any way....

[metisdead]

An off topic post has been removed.

[MyFriend You]

In big U.S. a lottery tickets costs $1 (32 Bhat). There is just one winning number, but since the draw is with replacement of all numbers, more than one winning ticket. The amount of money in the lottery increases each time there is a drawing and no one wins. This is why someone can win millions of dollars when they only bought one ticket each drawing. People who pick numbers less can win much smaller amounts of money. There are also much smaller lotteries with better odds of winning, but with smaller amounts.

It is a simple system and completed automated, therefore the accounting is automated from the moment the ticket is sold and so no corruption. The tickets are sold only in convenience stores and in some supermarkets.

It has also been argued that any lottery hurts the poorest people the most because winning is the only way up and out of poverty, but they do not understand just how little chance they have and so spend money they need for rent and food.

The profit the states make is directed mainly to education.

I play the Mega-Millions on-line, runs twice a week, pay for the tickets for the year 104 drawings $1 dollar each with the same set of numbers, have around 20 sets running with lots of possibilities of winning different prizes, they send me a check twice a year for small prizes, debit cards for larger prizes over $1000.00 - lets just say, I haven't paid for any tickets with my own money for about 10 years

[jiipii]

Is it possible for falang win the higest price, because i never heared that hapen here. And if you win?? Can you by a condo, because the money not coming outside of Thailand. I mean the paperwork whit auththories.

[BSJ]

I went in the Australian run Tattslotto once. What a disappointment that was. I was expecting to win Au$32 million but all I got was a p1ssy minor prize of Au$9476.34. Once bitten twice shy!

I wouldn't buy a lottery ticket here either.

[maidee]

its price is 40 baht, but sold at a 100% profit with low return / gain

[LuckyLew]

Considering gambling is illegal in Thailand there sure are a lot of stories about the Thai lottery