Lottery Singapore
Founded in 1968 and run by Singapore Pools under government authorization, Lottery Singapore offers a wide variety of general sports betting as well as highly popular lottery games to the public. The SG Toto game, for instance, has been incredibly popular across the world since its inception and is as widely played today as ever before.
The SG Toto draw occurs every Monday and Thursday at 6.30pm – and in the event of no jackpot winner, it will rollover for up to a maximum of 4 times before the prize “cascades” down to the next winning prize group level. This is known as the “snowball effect” and has made this game very popular in the world.
Toto is a legal form of lottery sold in Singapore and is held by Singapore Pools, the only legal lottery operator in the country. This lottery forms the second most popular type of gambling activity in the city-state after 4-Digits and is available at Singapore Pools outlets or national authorized retailers for $3.
Singapore Sweep
The Singapore Sweep lottery was established in 1969 and is also owned by Singapore Pools. It features 19 seven-digit numbers and offers a minimum price of $1,000, with a prize up to $2.3 million.
If you are a Singapore citizen, the prize is tax-free as it is considered a windfall income and not an income taxable under income tax laws. However, if you are not a Singaporean, your prize is considered an ordinary prize and you need to pay income tax on it.