Lottery Singapore is the only legal lottery in Singapore. It is run by Singapore Pools, which is a licensed gambling provider. The company is owned by the government of Singapore. It does not disclose the names of winners.
The Singapore lottery has different prize categories. Players win if three or more of their numbers match the winning numbers. The odds of winning are 1 in 54 for each prize category. There are also rolling jackpots. If there is no winner in four consecutive draws, the jackpot rolls down. The maximum amount awarded is S$12 million.
Singapore Pools encourages responsible gambling. To keep players safe from frauds, it warns them not to bet more than they can afford to lose. It does not allow minors to buy tickets.
The Singapore Toto Lotto was first introduced in 1968. Over the years it changed its format to 6/45 and then to 6/49. It has evolved from a caveman-like experience to one of the most popular betting games in the world. In 2014, the prize was raised to SGD$500,000.
The Tote Board is the statutory body governing the Singapore lottery operator. It channels the gaming surplus of the Singapore Turf Club. It also works with partners. In 2018, the Tote Board reported its highest bets in ten years.
The Tote Board’s annual report showed a 40% increase in wagers for sports bets. This coincided with the lifting of Covid-19 restrictions.
A total of S$6.6 billion was bet on the three main lotteries, including Toto, Singapore Sweep, and 4D. The amount was also higher than the previous year.