Lottery Singapore: What it is, who plays it and how to play
The lottery in Singapore offers a wide variety of games. These include 4D, Toto and Singapore Sweep, as well as sports betting on football and motor racing. The games are all legal in Singapore and can be played at any physical or online outlet. The odds of winning are good, with the minimum jackpot prize being S$1 million.
What are the winnings?
Winnings in Singapore from betting or lottery games such as 4-D, Toto, Singapore Sweep and football are windfalls that you don’t have to report to the Income Tax Department. However, you do have to submit a tax form, called the Statement of Gambling Duties, to the authorities within 3 months of receiving your winnings.
How to win the lottery in Singapore
The odds of winning any prize are 1 in 54. The minimum jackpot prize is S$1 million and the jackpot rolls down if there are no winners in four consecutive draws. There are seven prize tiers, with each offering a different amount of money.
How to play the lottery in Singapore
The lottery in Singapore is operated by Singapore Pools (Private) Limited and Singapore Turf Club. Both companies are regulated by the Tote Board, which also regulates horse racing in Singapore.
In addition to the rules mentioned above, players should read the Rules of the lottery game in which they are participating. These rules will help to ensure that they are playing the correct game and have the best chance of winning. They can be found on the official website of the lottery.