Lottery Singapore (Private) Ltd is the only authorised betting operator and authorised lottery promoter in Singapore. It is responsible for filing the following statement with IRAS by 15th day of the month during which these races/events/draw take place and paying gambling duty to IRAS. Failure to file the statement or pay the gambling duty by the due date is an offence.
Singapore 4D is a popular local lottery game with flexible betting options. Players choose a 4-digit number between the range of 0000 to 9999 and win if their selected number appears in any of the 5 prize categories. There are also multiple bet types to choose from, including a big bet and a small bet.
TOTO is another interesting lottery game offered by Singapore Pools. Like Singapore 4D, you can play TOTO by selecting six numbers from 1 to 49. However, you can only win if the number in your corresponding set matches three or more of the winning numbers.
The odds of winning are one in 13,983,816. The minimum jackpot is $1 Million dollars. The draw takes place twice a week on Monday and Thursday.
The amount of money spent on bets on Singapore lotteries and sports jumped 40% last financial year, to $9.2 billion, as reported by The Straits Times in December 2022. This is the highest amount ever, beating the previous record of $8.1bn in the 2018/19 financial year. It is believed to be attributed to relaxed Covid-19 measures and the return of global sports tournaments.