The state-owned lottery operator Singapore Pools (Private) Limited was incorporated on 23 May 1968 to curb illegal gambling in Singapore. Its main business is running a range of lotteries, including 4-D, Toto and Singapore Sweep.
It is also the only legal bookmaker and totalisator for association football and motor racing betting in Singapore. The company is regulated by the Tote Board, a statutory board under the Ministry of Finance.
In terms of gambling, Singapore’s lottery is regulated by the IRAS Act, which requires authorised betting operators and lottery promoters to submit statements and pay gambling duties. Failure to do so will result in enforcement actions by IRAS.
A Singapore citizen must be aged 18 years or above to be eligible to play in the lottery. This includes permanent residents and non-permanent residents who have been resident in Singapore for at least one year.
To participate in the Singapore lottery, a person must buy a ticket at an outlet which is licensed by the government to sell tickets for this game. Depending on the number of numbers chosen, a single ticket can cost up to S$900.
A player must choose at least six numbers, and a prize is awarded if the winning numbers match any of the set of numbers that the player has purchased. Players can opt for ordinary entry, which is the cheapest option and gives a 1 in 61 chance of winning, or system entry, which offers a higher chance but comes with a higher price tag.