Lottery Singapore is a state-owned lottery company that operates three lotteries – Toto, 4D and Singapore Sweep. It also generates funding for social and charitable causes in the country.
The game of Toto involves choosing 6 numbers plus one supplementary number and betting $1 to win a jackpot. The odds are 1 in 61 for the jackpot and 1 in 2,330,636 for the remaining prize tiers.
Buying tickets at Singapore Pools outlets is easy and inexpensive. The minimum price for a 4-digit bet is $1 including GST, while seven-digit bets cost $3. Moreover, the lottery offers a wide range of prizes and has no tax on winnings.
Playing online is also possible. But you must be aware of scam sites that offer fake results. You should check the website’s licensing certificate and verify that it is a genuine site before making a purchase.
Singapore’s casino industry is thriving, with gambling set to continue its strong trend after COVID-19 was lifted in 2018. Last year, a record SGD9.2 billion was wagered on lottery and sports bets, up 43% from the previous year.
In terms of entry collection, some SGD125 million was collected, up 10 per cent from the year before. It is a good sign that gamblers are back in business.
The government will continue to monitor the situation and assess whether more measures are needed to curb gambling addiction. It is a matter of personal responsibility for players to control their spending habits and to avoid the temptation of gambling when it is not necessary.