Lottery Singapore is a fun and relaxing way to win cash, and it is also a great way to meet new people. You can play online, or purchase tickets from participating outlets.
Most of the Lottery Singapore games are inexpensive to play, with a minimum cost of S$1 per ticket including GST. You can even choose to spend extra to buy extra entries to help improve your odds.
TOTO (Singapore Pools Toto) lottery
One of the most popular lotteries in Singapore, TOTO is a 6/49 format game that has a snowballing feature, which increases the prize amount for every draw it rolls over without a winner. The jackpot starts at S$1 million, and it can roll over for up to four draws before it is finally won by someone who matches all six of the main numbers drawn.
Winnings are not taxable in Singapore as they are windfalls, meaning they are not considered an income and do not need to be declared in your Income Tax Return.
There are many different types of lottery games in Singapore, but the most popular ones include 4-D, Toto and Singapore Sweep. These games are operated by the statutory body, Singapore Pools.
During the last financial year, which ended in March 2022, SGD9.2 billion was wagered on lotteries and sports, the Tote Board said. This is the highest amount it has reported in the past four years. The increased spending on gambling products is due to the relaxation of COVID-19 restrictions and the resumption of global sporting events.