Singapore lottery is a government sanctioned gambling company which offers a wide variety of general sports betting – especially football – and popular lotto games to its citizens. The company was first created back in 1968 and has been a huge hit ever since. Currently, the company is run by Singapore Pools and offers a variety of different lottery games to its customers – including the highly popular Toto 6 out of 49 lotto game.
There are over 250 draws carried out each year by Singapore Pools for their lotto games. They also offer a range of other gambling products such as Singapore Sweep, 4D, and football and motor racing betting. Their flagship lottery game is the Singapore Toto which has a jackpot that increases by a small percentage each week until it is won.
The draw process for the Singapore lottery takes place at the Marina Bay Sands and is open to the public from start to finish. The judging panel is composed of independent public accountants who are trained to ensure that the process is conducted in a fair and impartial manner. In addition, the entire draw is recorded on video and broadcast live. This helps to create transparency for the lottery and also reduces any suspicion of fraud or cheating.
In the case of a winning ticket – whether it is a single number or a full set of numbers – the winners will receive the sum of their stake plus the current jackpot amount. This will be the maximum they can win unless there is a jackpot rollover or cascade where the top prize money will be increased by the total of all previous winning tickets.
If you are lucky enough to win a prize on the Singapore Toto lottery you must be quick about claiming it as there is a 180 day limit on claiming your winnings. Winnings of up to $5,000 can be claimed from any retail venue that sells Singapore pools tickets whereas prizes above this amount will need to be collected from the SG Pools main office at 210 Middle Road, Singapore 188994.
SG Pools also donates a large percentage of its profits to various worthy causes – charitable and community endeavours are the most common recipients of this generosity. In addition, a considerable amount of staff time is given to looking after children and elderly people in need as well as helping with various national sporting endeavours.