Lottery Singapore – What You Need to Know

Lottery Singapore

Lottery Singapore – What You Need to Know

The government-owned Lottery Singapore, also known as Singapore Pools, is the sole lottery operator in the country. Its portfolio includes 4-D, Toto and Singapore Sweep. It also operates horse racing and sports betting.

Players’ Behavioral Patterns

Lottery players have higher levels of education than non-players (by a wide margin). They are more likely to be Chinese or Malay, and they tend to live in larger families.

They are more likely to gamble with friends than alone, and they have higher annual household incomes. However, they are less likely to win a prize.

Gambling Addiction Rates in Singapore Are Stable

The Ministry of Social and Family Development (MSF) says there has been no significant increase in probable pathological and problem gambling rates in the last 10 years. In fact, the rate has actually remained at 1 per cent in recent years.

There has been an increase in the amount of money betted on lotteries and sports in Singapore, according to the Ministry of Finance (MOF). The sums betted on lotteries and sports increased by 5 percent in the previous financial year.

To participate in a lottery in Singapore, you need to be physically present in the country and meet the criteria for participation as set out by the Act. You are required to submit a Statement of Betting Activities to IRAS by 15 days after the last day of the month in which you conduct your betting activities. If you fail to do so, you face enforcement action from IRAS.