Singapore lottery is one of the best places to play lotteries, especially if you’re looking for a huge prize. It’s completely legal, and you don’t have to pay any additional taxes if you win. The operator, called Singapore Pools, offers a variety of games, including 4D and Toto, and you can find it online or in stores around the country.
The profits from Toto contribute to the Singapore Totaliser Board, the owner of Singapore Pools, which then funnels them back into charity and worthy causes in the country. Each Toto draw features a set of winning numbers along with an additional number and offers different prize categories. These prizes can be very high, making them popular with participants from all walks of life.
It’s important to understand the rules and regulations of the Singapore lottery before placing a bet. Only authorised betting operators and authorised lottery promoters can legally operate Singapore-based gambling activities. If you’re not an authorised person, you could face prosecution by IRAS.
During the last financial year, punters in Singapore placed $10.3 billion worth of bets on lottery games and sports such as football. This is the largest amount ever spent on these bets and a record high for the country. The amount of money wagered on these bets grew by 12 per cent over the previous year, which also featured a World Cup.