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Singapore Lottery

Posted on April 12, 2023 By gunnrose

Lottery Singapore

The Singapore Pools lottery offers a variety of games including 4D, Toto, and Singapore Sweep. It is the only legal lottery in Singapore and has been running since 1968.

The Top Prize in Singapore 4D is S$16 million. This is the largest prize in Singapore Pools’ history. The game is available only at their outlets and national authorized retailers, and can be played for $3 per ticket. The winning numbers are drawn on the first Wednesday of every month.

Winnings on lottery are tax-exempt in Singapore so you can keep your winnings. You will not need to pay taxes on money that you win, and if you are a foreign sourced income you will only need to pay taxes if you receive it in Singapore.

A nurse who spent about $15 on Hong Bao draw and Singapore Sweep bets said she hoped to buy a condo if she was lucky enough to win. She also purchased a variety of Toto tickets to increase her chances of winning.

Relaxed Covid-19 laws have encouraged gamblers to spend more money, leading to strong results for lottery and sports betting products. In the Tote Board’s last financial year, which ended in March 2022, SGD9.2 billion was spent on lotteries and sports, a record amount.

The National Council on Problem Gambling (NCPG) says individuals need to be responsible with their betting habits and avoid placing bets that they cannot afford. They can call the NCPG’s helpline on 1800-6-668-668 to find out more or use its Webchat service. If an individual is found to be gambling excessively, they can apply for a family exclusion order to suspend their online betting accounts.

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