Lottery Singapore – What You Need to Know
The lottery is a fun way to win cash. Whether you’re new to the game or have played it for years, there are some things that you should know before playing.
You can play the Singapore Pools lottery online or at their physical outlets. They offer 3 different types of lotteries – Toto, 4D and Singapore Sweep.
Toto is the first form of lottery in Singapore, established in 1968. It’s a popular game with a jackpot that starts at $1 million and rolls over for four draws until it’s won by someone. It also has a snowballing feature, where the prize increases for each draw that it’s not won.
4-Digits is the second type of lottery in Singapore. It’s similar to Pick 4 in the US and Pick 5 in Canada, but with a more flexible bet structure.
It’s available at a number of Singapore Pools outlets and is one of the most popular ways to gamble. Players can buy tickets for $2. They can also use a Singapore Pools mobile app to play.
Currently, Singapore Pools is the only authorised betting operator and authorised lottery promoter in the country. It’s responsible for submitting a statement and paying gambling duty to IRAS by the 15th day of each month during which these races/events/draws take place.
Those who bet excessively can face up to 10 years in jail and fines of as much as SGD700,000. Anyone who places a wager with an unlicensed or illegal operator can face the same penalties.