Lottery Singapore is the name of the lottery company that organises and operates the national lottery in Singapore. It is a subsidiary of the Tote Board, which is a statutory body that operates under the Ministry of Finance.
A number of lotteries are available in Singapore, including 4-D, TOTO and Singapore Sweep. Each of these lotteries offers multiple tiers of cash prizes, with different odds of winning.
TOTO is one of the most popular lotteries in Singapore, owing to its high jackpot prize pool. The TOTO jackpot varies depending on the amount that is raised during the draw, and is typically much higher than a million dollars.
In addition to the jackpot prize, TOTO has a few additional features that make it an appealing choice for many players. For example, the jackpot rollover feature allows the jackpot to increase if a winner is not drawn during the next drawing.
The Singapore Pools website also makes it easy to check your prize winnings online. You can view your prize winnings and even claim them at participating outlets from the day of the draw, if you have registered for the service.
MSF spokesman Chua said: “The National Council on Problem Gambling’s helpline can be contacted by individuals who are concerned about their gambling behaviour.” Family members can apply for a family exclusion order to suspend an individual’s online betting account.
While it is tempting to splurge on the lottery, it is important to have a financial plan in place. You may want to set up an endowment plan or put your winnings into a robo-advisor to grow your wealth.