Lottery Singapore is a country that has long established traditions of playing lottery games. It is a very popular form of gambling here and according to surveys, around 58 percent of the residents have participated in this type of activity at least once in their lives. The most popular games are 4-Digits, Toto and Singapore Sweep. All of these are organized by a state-owned lottery subsidiary called Singapore Pools. This company was founded in 1968 and its primary goal is to moderate illegal betting and gambling in the country.
The company collects the required gambling levy from its customers, including those who play in casinos. It also offers a range of other services for its players, including sports betting and a variety of online casino games. In addition to these, the company also organizes a lottery. This is a game where you can win cash prizes for correctly guessing numbers.
With the easing of Covid-19 restrictions, punters have been coming out in droves to place bets on 4-Digits, Toto and even football games. As a result, the Tote Board’s last financial year ended with a record sum of $9.2 billion being placed on lottery bets and sports bets, up about 40 per cent from the previous year.
Prizes offered by the different Singapore Pools lotteries differ, as do their odds of winning. Some offer a single tier of cash prizes, while others offer multiple tiers with increasing amounts of money to be won. There are also different rules around claiming these prizes, and some prizes require specific criteria to be won. For example, you’ll need to get all six of your numbers right in order to win the TOTO jackpot.