The Singapore lottery is a popular form of gambling in Singapore. It is regulated by the Tote Board, which governs the lottery operator Singapore Pools. A report released by the Tote Board shows that wagers on lottery games have increased by 40% over the last year.
Toto is a two-digit game which was first launched in Singapore on June 9, 1968. In 1997, the format changed to 6/45. In 2016, Toto became an online game. Players can also buy tickets from any Singapore Pools outlet or from local retailers.
The Tote Board, which governs the Singapore lottery, channels its financial and gaming surplus to charitable organizations. It works with partners such as the Singapore Turf Club.
There are three main lottery games in Singapore. These include Toto, 4-D, and Singapore Sweep. You can also purchase tickets online.
The Singapore Lottery was first introduced in the mid-1960s as a way to curb illegal betting. It later became the most popular form of gaming in Singapore. However, there are risks to playing the lottery. Some of these are losing money, becoming the target of criminals, and getting conned.
A recent survey conducted by the National Council on Problem Gambling found that four out of five Singaporeans gambled at least once a month. Those who placed a bet with unlicensed or illegal operators risk facing a fine of SGD10,000 or even up to six months in prison.
The Tote Board reports total wagers of SG$9.2 billion for the year ending March 2022. This was the highest amount in the past decade.