The only legal lottery in Singapore, Lottery Singapore is the second most popular form of gambling in the country. It is organized by Singapore Pools. It was launched in 1968 and was the first 5/49 lottery. It was changed to 6/45 in 1997 and then to 6/49 in 2014.
The odds of winning a prize are as follows: 1 in 13,983,816 for a S$1 million jackpot and 1 in 54 for any prize. The jackpot is also a progressive one. It will roll down to the next category if no winner for four consecutive draws.
The biggest draw of the year takes place during the Lunar New Year. For the 2022 Lunar New Year, the jackpot prize is estimated at S$16 million. In addition, there are several other prizes.
The Singapore Toto Lotto started in 1968. It was initially a caveman-like game, but the format was changed to the 6/49 in 2014. Since then, it has become one of the top games in the nation.
The Toto Hongbao will set the record as the largest prize in Singapore Pools’ history. For a couple of dollars, you can buy a ticket for the upcoming draw. If you’re lucky, you could win the main prize, which can be celebrated with friends.
The statutory body that governs lottery operator Singapore Pools is the Tote Board. Its last financial year ended on March. In its annual report, it reported that the total bets grew 40% from the previous year. It also reported that sports betting had increased by over 40%.