Lottery Singapore is one of the world’s most popular and profitable lotteries. The only legal lottery in Singapore, Lottery Singapore was founded in 1968 and is operated by Singapore Pools.
Singapore Pools operates two major lotteries: Toto and 4D. It also offers a wide range of gambling games, including horse racing and sports betting.
Toto is a simple lottery game that involves choosing six numbers from a pool of 49. You win if your numbers match three of the corresponding sets in the drawing. This means that the jackpots are much smaller than in other lotteries, which makes it a great choice for those who want to bet small amounts of money.
In addition to the jackpot, Toto also has 6 additional prize tiers. Each of these tiers has its own prize amount and supplementary number. The highest prize in Toto is S$1 million, with the odds of winning it being 1 in 2,330,636.
The earliest version of Toto was introduced in 1968 and remains the most popular lottery in the country today. It features a snowballing feature that increases the jackpot amount for every draw it’s not won until someone finally wins it.
The lottery is regulated by the government and Singapore Pools, which has more than 300 outlets around the island where tickets can be purchased and prizes paid out. The company is also responsible for generating funding for social and charitable causes.