Singapore Lottery

Lottery Singapore

There are a number of lottery games in Singapore. These include Toto, 4D and Sweep. In each of these, you can choose six numbers, from 1 to 49, and a third “Additional” number. If you pick the correct six, you’ll win the jackpot.

A Singapore Lottery slip starts at just a dollar and allows you to wager on permutations from 0000 to 9999. You can purchase your ticket online or from retail outlets. Once you’ve made your selection, you’ll need to submit your numbers before the target date. The winning numbers are then drawn, which are released online and in regional newspapers.

Singapore Pools, the only legal lottery operator in the country, is responsible for operating the Singapore Lottery. All profits from the lottery are distributed to charitable organizations.

Singapore Pools was established as a not-for-profit organization in 1968 to curb illegal gambling activities. It has since evolved to become a government-owned enterprise.

As a not-for-profit entity, Singapore Pools aims to support good social causes while also bringing in $2 billion in annual taxes. Since 2004, the company has received more than $5 billion in revenues.

Tote Board, which oversees Toto, also reported an increase in wagers. Total wagers reached SG$9.2 billion in the financial year ending March. That’s more than 40% more than the previous year.

The Tote Board attributed the increase to the lifting of COVID-19 restrictions. This allowed for the increased bets on lotteries and sports.

According to the Tote Board’s annual report, the total wagers on lotteries and sports rose to a record high. For instance, in the 2018/19 financial year, bets totaled SGD 8.1 billion.