Lottery Singapore – A Guide
In Singapore, lottery games are considered to be a form of legal gambling. The Tote Board – a statutory body under the Ministry of Finance – regulates and organises the games.
The Tote Board operates a number of games including 4-D, Toto and Singapore Sweep. It also controls horse races.
Buying Lottery Tickets Online is Easy
One of the great advantages of purchasing your lottery ticket online is that you can buy it at any time, anywhere. This is particularly useful if you are not at home and would like to make your purchase while on the go.
Aside from convenience, purchasing lottery online also saves you a lot of money. This is because you don’t have to travel long distances or spend a lot of money commuting to physical vendors under the hot and humid weather.
Besides convenience, purchasing lottery online is also safe and secure as you’ll be dealing with legitimate vendors. That means that your prize money will be safe and sound, no matter what.
Lottery & Sports Betting Statistics
In the last financial year, lottery and sports betting saw a surge in demand. The Tote Board’s annual report revealed that SGD9.2 billion was wagered on these activities, which is a record figure for the statutory body.
However, the rise in bets may have a negative effect on the economy as it could lead to higher prices for goods and services. MSF is also urging people not to become complacent with their spending and not to fall into the habit of losing too much money.