Are you confused about where to exchange winning lottery tickets safely and with the highest percentage?

Are you unclear about the reward rate you will receive and what the exchange fee percentage is?

Dive in here to know accurate information from the lottery council as well as the general prices in the current lottery market.

Where to exchange winning lottery tickets?

On a beautiful day when you win the lottery, go to the following addresses to claim your prize:

1/ Where to exchange winning lottery tickets safely => Lottery Company

If you are wondering where to exchange winning lottery tickets safely, the answer is to go directly to the lottery company.

Just find the address of the local lottery company that issued your winning ticket, and you can easily claim your prize.

Note that you must keep the ticket intact and not have any faded information.

where to exchange winning lottery tickets — If you have won the lottery, just go straight to the lottery company for safety
The time to claim the prize is within 30 days from the date the lottery announces the results; if you claim after this period, the prize will no longer be valid.

Additionally, the winner must personally go to the location to claim the prize, unlike **GPI lottery**.

When you go, you need to bring identification documents to verify your identity, such as ID card, citizen ID, driver’s license, or passport.

If you authorize someone else, you need to have confirmation from the local authorities where you reside.

For this **method of exchanging winning lottery tickets**, the winner does not have to pay any commission fees to the company, except that if you win a prize of 10 million or more, personal income tax will be deducted to receive the actual amount.

When you go to the lottery company to claim your prize, you will be assured that your information will not be disclosed, and if you win a large amount, you can request to transfer it to a bank account to avoid danger on the way while carrying cash.

Therefore, when you win a prize, check the ticket to see which province issued it and go to the lottery company of that province to claim your prize directly.

**For example:** If you want to **exchange winning lottery tickets** in Ho Chi Minh City, go to the lottery company located at 77 Tran Nhan Tong, Ward 9, District 5, Ho Chi Minh City.

However, this method can be quite time-consuming and labor-intensive if the winner is far from the company’s address, as each district, province, or city only has one lottery company.

If you want a more convenient process in this game, please refer to the **Keno online**. Play and receive money through a very convenient app.

2/ Exchange winning lottery tickets at lottery agents

When winning a prize, many people want to know **where to exchange winning numbers** quickly without spending much time traveling, so they should go to lottery agents.

If you choose this method, you will have to pay a commission fee known as the exchange fee.

According to the regulations of the Ministry of Finance, this commission fee is a maximum of 0.2% of the prize value, but in reality, agents often charge fees ranging from 0.5% to 1%, and even up to 5%.

Depending on the location of the prize redemption and the prize value, players will have to pay different commission fees.

In addition, you will also incur personal income tax on winning tickets valued at 10 million or more.

Don’t worry too much about **where to redeem winning lottery tickets** because lottery agents are always abundant around us.

Your task is to find out which reputable agent is near your area to claim your prize if you win a low-value prize.

The reason is that this way will still ensure safety and not take too much time to travel if the player is far from the lottery company.

Just have your ID, **special winning ticket** as per regulations, and you can claim your prize immediately. In comparison, claiming the prize is considered faster at the lottery company due to fewer regulations and a very short waiting time.

However, you should be careful to let as few people know as possible to avoid maximum danger.

3/ Redeeming special winning tickets through intermediaries

Currently, in addition to the two forms above, players can also see the form of **redeeming special winning numbers** through intermediaries.

These intermediaries will act as a bridge between the winners and the redemption places to receive commissions.

However, the **commission for redeeming winning tickets** is very high, possibly up to 10%, and the information security is non-existent.

There have been many cases where players have been scammed out of money while the winning lottery tickets could not be redeemed.

Therefore, this form has extremely low safety, and players should not use it.

Choosing reputable level 1 or 2 agents or making the effort to go to the lottery company’s headquarters will ensure much more safety.

How to redeem winning lottery tickets

The usual procedure for redeeming winning numbers at Lottery Companies:
Step 1: Go to the headquarters or the representative office of the company that issued the winning ticket.
Step 2: Notify the prize-winning department of your win.
Step 3: The prize payment department conducts a preliminary check and transfers the ticket to the security verification department.
Step 4: After verifying the validity of the winning ticket >> Sign the prize payment decision.
Step 5: Complete the declaration procedures, determine the income tax amount, and pay the tax.
Step 6: Transfer to the payment department. The time for prize payment to the winner is a maximum of 05 days from the date of receiving the prize claim request.
In case of disputes or complaints, the payment time is extended until there is an official conclusion from the competent state authority.

Can special winning lottery tickets be redeemed at banks?

Many players often wonder if they can go to the bank to redeem their prizes, especially for prizes of extremely high value.

The reason for this confusion is that banks have very high credibility and extremely good information security for customers.
[caption id="attachment_13921" align="aligncenter" width="700"] The current bank is not authorized to exchange winning lottery tickets

In addition, the special ways to exchange winning numbers above can attract the attention of many bad people and you may be robbed if you carry cash while walking on the street, while the bank is extremely safe.

In fact, currently no banks have been licensed or authorized by the state or the lottery company to exchange prizes.

However, the lottery company and agents also help players transfer money through bank accounts so that you do not need to carry a large amount of money with you to ensure maximum safety for yourself.

For large prizes worth hundreds of millions or billions of dong, a bank representative will come to participate in the award ceremony, and you can choose to receive money by bank transfer once or multiple times in the presence of many relevant authorities.