The Singapore lottery is a game that’s simple to play and involves picking numbers. The odds of winning a cash prize are dependent on the rank of the numbers drawn and the number of combinations you pick. The jackpot prize is the largest prize that can be won and it can be worth up to $1 Million dollars.
Lottery Singapore is the only legal lottery in Singapore. It is run by the state-owned Singapore Pools company, which is a subsidiary of the Tote Board.
Singapore has a long history of gambling. The country’s first state-run lottery was introduced in 1968 to counter the illegal betting syndicates that were prevalent at the time.
In a recent financial year, Singapore gamblers spent SGD9.2 billion (US$6.8 billion) on lotteries and sports, a 43% increase over the previous year’s total. The Tote Board, the statutory body that regulates lottery operator Singapore Pools and sports betting company Singapore Turf Club, says the easing of COVID-19 restrictions has helped drive the growth.
It’s also one of the cheapest ways to win big, with a small bet costing just $1. It’s no wonder that it’s one of the most popular forms of gambling in Singapore.
There are a few ways to win the Singapore Toto jackpot: you can pick 6 numbers or 5 numbers with a single supplementary number that determines a couple of tiers. The lowest tier offers a $10 prize. The overall odds of winning a Group 7 prize are 1 in 61, so it’s well worth giving it a try!