Lottery Singapore is a state monopoly that operates three different lotteries. The company also provides a number of other games and gambling products.
The lottery is a popular form of recreation in Singapore, with 44 per cent of adults polled betting on it last year. However, there are concerns about the impact of Singapore Pools’ operations on problem gamblers.
Singapore Pools was incorporated in 1968 to curb illegal betting and gambling. It is a subsidiary of the Tote Board, which is a statutory body under the Ministry of Finance.
Winnings from Lottery Singapore are not taxable as windfalls and are not considered an income. This makes them a good way to supplement your budget and give you a bit of extra money.
There are three Singapore Pools lotteries: 4D, TOTO and Singapore Sweep. Each offers different tiers of cash prizes with the odds varying from draw to draw.
TOTO is the most popular lottery game in Singapore, with players spending $1 to select six numbers and one additional number. The jackpot prize varies based on the amount raised during each drawing and can be as high as million dollars.
The jackpot for TOTO is split between two winners, with the biggest single-winner prize being S$9.7 million in January 2019. This makes it a decent choice for those who are looking to win big.
The company operates 300 outlets in Singapore and sells tickets online. Its online platform allows you to buy lottery tickets from the comfort of your home or office. The website has a number generator which can help you formulate your lottery numbers. You can play the online lottery for free or with real money.