Singapore Pools offers lottery games online and in their physical outlets. Its most popular games include 4-Digits, Toto and Singapore Sweep. These lotteries have been a staple in Singapore since 1968.
Winnings in Singapore are not taxable and do not need to be declared as income on your Income Tax Return. However, you can claim an allowance for a lottery win in your Annual Income Tax Return if you are a taxpayer.
The odds of winning a prize in a Singapore Pools lottery are very good. A typical prize in a lottery is S$10,000 or SG$3,300.
Buying a lottery ticket is simple and involves choosing your numbers from the available ones and paying for the ticket. You can play a single draw or participate in multiple draws.
Toto is a lottery form sold in Singapore by Singapore Pools, the only legal lottery operator in Singapore. It is available only at their retail outlets or national authorized retailers. It is a legitimate lottery form and the prize money is spent on charity and other legitimate work.
There are six different prize tiers in the Singapore Toto draw, and each drawing has one supplementary number chosen from 19 seven-digit numbers. The highest prize is S$2.3 million.
The price for a Singapore Toto ticket is $1, GST included. If your ticket matches any of the 19 seven-digit winning numbers, you win the jackpot.
The National Council on Problem Gambling is concerned about the high rate of gambling in Singapore, and encourages family members to look out for signs of betting problems and apply for a family exclusion order. It also advises that individuals exercise personal responsibility and not bet beyond their means.