If you live in Singapore, you can play the lottery and win big prizes. The game is popular among locals because it offers the opportunity to improve their financial situation. But, you must be careful when placing your bets. It is important to know how much you can risk and how to play the lottery safely. In addition, you should seek advice from a financial planner who can help you determine how much money you can afford to invest.
You can buy tickets for the lottery in Singapore online or at a local outlet. The only company legally authorized to sell tickets and perform lottery draws is Singapore Pools. Buying tickets in Singapore is easy and convenient. You can use the official website or mobile app to verify your age and purchase tickets. You can also visit the nearest Singapore Pools branch with a valid document that contains your FIN number and proof of address.
The cost of a ticket varies depending on the lottery type and its prize category. You can choose between Big Bet, Small Bet, Ordinary Entry, and System Entry. Big Bets cover all 23 combinations in every draw, while Small Bets and Ordinary entries reward when the numbers match the winning combination. If there is no winner, the lottery results will be rolled over to the next prize group. The Singapore Toto is a popular lottery game launched in 1968. Its jackpot starts at $1 million and can be purchased in outlets, online, or by phone.