Economy
Bangkok Resident Wins 10 Million Baht GSB Lottery Prize
A Government Savings Bank (GSB) customer in Bangkok has won the 10 million baht top prize in the latest 5-year special lottery draw.
According to a report by Khaosod Online Thailand, a lucky individual in Bangkok has claimed the top prize of 10 million baht in the Government Savings Bank (GSB) 5-year special lottery draw held on August 16, 2026. The GSB Society announced that the winning ticket was purchased at the Siam Paragon branch in Bangkok.
For residents and visitors in Thailand, the GSB lottery is a popular savings instrument where each unit costs 500 baht. The bank has confirmed that the prize money will be automatically transferred to the winners' linked savings accounts the day after the draw. Notably, prize winnings for individuals in Thailand are currently exempt from taxation.
This event highlights the ongoing popularity of state-backed savings lotteries in the country. While this specific prize has been claimed by a customer at the Siam Paragon branch, those interested in participating in future draws can purchase units at any GSB branch or through the MyMo mobile application. Travelers or residents looking to verify other winning numbers from the August 16 draw can visit the official GSB website at www.gsb.or.th. As of now, no further details regarding the winner's identity have been released, and the bank continues to encourage public participation in its savings programs.