Lottery Singapore is a state-owned lottery established by the government of Singapore. It has different names in other countries and is operated by Singapore Pools. Its draws are held every Monday and Thursday at 6:30 pm in Singapore time, and they are transferred to 9:30 pm if there is a cascade draw.
Unlike other lottery operators in the world, Singapore Pools does not charge any taxes for winning players. This is because the organization is owned by the government, which already generates revenue through gambling. Additionally, there is little bureaucracy involved in the process of claiming a prize from Singapore Pools.
The company’s 97 outlets can be found across the country and offer a wide range of betting games, including pre-printed lottery tickets like TOTO and numbers game 4D. In addition, they also offer sports betting games, such as football and motor racing. Those interested in learning more about the company can visit its website or download its mobile app.
TOTO has long been a popular form of gambling in Singapore. The lottery was introduced in 1968 as a way to moderate illegal gambling and to compensate for the lack of casinos in the country. It was first conducted in a hand-drawn form and later evolved into a computerized system entry method in 1981.
While the en bloc payouts have been controversial, many older residents see them as a just reward for a life of hard work. Retired tutor David Leau, 69, for example, said that the payout is “a fair price” for his years of toil.