News Forum - Thailand’s national lottery: How many years does it take to win the two-digit prize?

[Thaiger]

A Thammasat University statistics expert revealed that an individual would need to purchase the national lottery consecutively for approximately four years and two months just to win the two-digit prize, raising questions about the promotion of the lottery in Thailand. Assoc. Prof. Wararit Panichkitkosolkul highlighted a recent study conducted by the university’s Faculty of Science …

The story Thailand’s national lottery: How many years does it take to win the two-digit prize? as seen on Thaiger News.

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[kalyan]

good article, i appreciate and this information needs to spread down to the people who think they would get someday an bounty !

[Orwell'sghost]

"The study also indicated that the probability of winning 2,000 baht (£43) from the government lottery’s final two-digit prize is just 1 in 100..."

It took a university study to figure this out? The possibilities are from 00 to 99.

[Marble-eye]

Compared with most countries lotteries you have a better chance of winning the Thai lottery at odds of 1,000,000 - 1 than the Euro lottery at odds of over 43,000,000 - 1. But compared to the Euro lottery the Thai lottery is peanuts. 

 

"What are the odds of winning Thai Lotto?

Compared to most lotteries, the chances of winning the top prize are excellent.

A mere 1 in 1,000,000." 

https://whatsonsukhumvit.com/thai-lottery-how-it-works-lucky-numbers-and-prizes/

Have has the 2 numbers twice and my wife won 4000baht with the last numbers of 551 yesterday, a couple of months ago I had the first 3 and the last 2 numbers on the same ticket for 6000baht.

 

[JJJ]

4 hours ago, Orwell'sghost said:

"The study also indicated that the probability of winning 2,000 baht (£43) from the government lottery’s final two-digit prize is just 1 in 100..."

It took a university study to figure this out? The possibilities are from 00 to 99.

But the study also concluded the odds of winning the grand prize was 1 in 1,000,000.  Quite sophisticated analysis I’d say. I’m sure they’ll be able to tackle AI next. 

[Faz]

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