The Vietnamese Vietlott is the organization in charge of the creation, operation, and regulation of lottery games in Vietnam. Created on the 5th December 2011 by Decision No. 2933/QD-BTC of the Ministry of Finance, this organization is formally known as the Vietnam Lottery Company is a one-member limited liability company owned in its entirety by the government of Vietnam.
All About Vietnam Lottery
Despite the fact that many people tend to look at gambling as a vice, there are a lot of positive effects especially when it comes to the playing of lottery games. In addition to the fact that lottery games give players a chance to better their lives when they win, these games also help in the socio-economic development of the country in which they operate.
Lotteries such as the Powerball, Canadian Lotto 6/49, SuperEnalotto and Spanish La Primitiva among others help in the development of their respective countries by raising money to support causes such as education, sports, arts, recreation and health among others. Many countries also seek to promote the lottery gaming industry by creating organizations in charge of the operation and regulation of lottery games. Some of these include the Loterie Nationale de Maroc (National Lottery of Morocco), the Belgian Eurobet and Vietnam’s Vietlott among others.
What is Vietlott (Vietnam Lottery Company)
With its vision of operating a business of online lottery and gaming products in conjunction with the law, this organization plays a major role in the creation and regulation of all lotteries in Vietnam. They are in charge of the development of a proper network via which lottery products can be distributed throughout the country, the selection of individuals and entities to act as lottery agents, the development and organization of computerized lottery products all over the country and the distribution of these lottery products online via internet, terminals and telecommunication devices, in accordance with the guidelines issued and approved by the Ministry of Finance.
The fact that this organization is entirely state-owned is proof that lotteries play a major part in the development of a country. All revenue from lottery taxes is shared among the budget allocated to the different provinces where Vietlott operates online lottery services. These tax funds from Vietlott are used to invest in social welfare, health, and education so as to improve standards of living.
Vietlott’s Electronic Portal
On the July 1st, 2016, Vietlott announced and launched its electronic online portal. This is in accordance with their mission and duty to provide top-notch online lottery services to their clients. The online platform as emphasized by the Deputy General Director of Vietlott provides clients with information on their different lottery games, company transparency with regards to its products and services and provides easy access to a large number of products and services.
In addition to the fact that Vietlott’s online portal provides its clients with information on the different lottery games which they can play, it also provides information relating to how these games can be played, who is eligible to play each of the games, prize structures and divisions and results of previous draws in real time.
Vietlott also has an FAQ section where some frequently asked questions have been answered. The user-friendly nature of the platform makes it easy to navigate. In addition, the platform is device-friendly and can be used on any mobile device, tablet or personal computer. Vietlott’s online portal has a section where a comprehensive list of all Vietlott’s agents can be obtained. This reduces the risk of scams.
Who Can Play Vietlott’s Lottery Games
To participate in or play any of Vietlott’s lotteries, players must meet the following requirements:
- Players must be over 18 years of age.
- Players must be either of the following: a Vietnamese citizen, a foreigner whose entry into Vietnam is legal or a Vietnamese resident residing abroad.
- Players must not be limited by Vietnamese laws and must abide by all other requirements published in Vietlott’s
Rules and Regulations
In the event that a person prohibited from playing any of Vietlott’s lottery games does, Vietlott reserves the right to cancel any prizes associated with such a ticket.
Vietlott’s MEGA 6/45
This is one of Vietlott’s lottery games and is the most popular of all the lottery games offered by Vietlott. This lottery game is a standard 6/45 game where players choose six balls from a pool for 45 balls to participate in the game’s draw.
Players can choose to participate using single or multiple combinations of numbers. To use a single combination of numbers, players pick 6 numbers between 1 and 45. The selected numbers are then printed on the lottery ticket.
Alternatively, players can play using multiple combinations. With this method of play, a player chooses 05 numbers between 1 and 45 and then the system automatically selects the sixth number from the 40 numbers left and then uses the 6 numbers to create 40 6-number combinations which will all be entered into the game.
Players can also choose to play their numbers for more than one draw. To use this feature, players simply need to choose the number of draws they wish to play for and then submit their entry into the system. The maximum number of consecutive draws allowed is 06.
The Mega 6/45 has four prize divisions. The jackpot or first prize is won by matching the six balls drawn. The prize amount is not guaranteed but increases as the betting amount increases. If a player betting value was 50,000 dongs (Vietnamese currency), the prize for the jackpot will be 75 million dongs (15,000,000 x 5). Prizes also exist for players who match 3-5 main balls. Tickets can be purchased from any of Vietlott’s agents or flagship stores.
Other games offered by Vietlott include the Max 4D and the Power 6/55.
Vietlott plays a vital role in the successful operation and provision of online lottery services to its players and also in the reduction of illegal lottery and gambling in Vietnam. As a result, they continue to play their part in modernizing the Vietnamese lottery industry while following development trends in science and technology.