Lottery Singapore (Singapore Pools) is a state-owned lottery subsidiary company, and the sole legal operator of the country’s Lottery products. Its portfolio includes 4D, Toto and Singapore Sweep. It was incorporated in 1968 to curb illegal gambling in Singapore.
Singapore Pools has an annual turnover of S$1.2 billion and employs 2,000 staff. It has a wide variety of lottery games and is government-regulated for fairness and accuracy.
Its portfolio also includes sports betting on association football and motor racing. IRAS collects gambling duties on these products.
The number of Singaporeans who play the lottery has increased dramatically in recent years, according to The Straits Times. The easing of Covid-19 measures and the resumption of global sports tournaments have helped boost lottery and sport betting in Singapore.
In the last financial year, which ended in March 2022, SGD9.2 billion was spent on lottery and sports bets, a 40% increase from the previous year’s figure. It is the largest amount ever paid in the last ten years, The Straits Times reported.
There are a number of ways to get in on the action, including online. You can register for an account with the Singapore Pools Website and then place your bets from home or on the go.
If you’re lucky enough to win a prize, the best way to claim it is to head to an authorized Singapore Pools outlet and claim your winnings. You can find these outlets on the official Singapore Pools website or at their stores in various locations across Singapore.