The Singapore Lottery, run by state-owned lottery operator Singapore Pools, offers a range of lottery games to the public. It also offers sports betting, including football and motor racing.
Buying a Singapore lottery ticket is easy and can be done in a number of ways, depending on your preference. You can buy tickets at local outlets or online through Singapore Pools. You can also make bets through the Singapore Lottery website.
There are a number of different Singapore Pools lotteries available, all of which offer multiple prize tiers. Each has different odds of winning, and some offer higher prizes than others.
One of the most popular lottery games in Singapore is Toto, which first launched back on June 9th 1968. The Toto lottery is incredibly popular both locally and across the world. It is a very simple game where players pick six numbers from 1 to 49 and then select a bonus number.
TOTO has seven prize tiers and offers an average jackpot of S$1 million. It also features rolling jackpots, meaning that the prize will increase each time no winners are found in four consecutive draws.
It’s important to know how much the jackpot varies for each tier. For example, the top tier is 38% of the prize pool and the lowest tier is only 5% of the total prize pool.
If you win a Singapore Toto jackpot, you have the choice of taking an annuity or a lump sum. The annuity pays out the prize in a regular 20-year period, while the lump sum option is smaller.