WINNING A HUGE AMOUNT OF MONEY IN A VERY SHORT PERIOD IS A DREAM FOR SOME PEOPLE. ONE OF THE WAYS TO DO THIS IS BY PLAYING A LOTTERY. However, this form of gambling is not for everyone and can have serious consequences if not played responsibly. Luckily, the government has regulated the lottery game so that players can enjoy it in a safe and responsible manner.
In Singapore, there are three types of lotteries: 4D, Toto, and Singapore Sweep. 4D is a fixed-odds game run by Singapore Pools that offers millions in prize money each year. The game is available at authorized outlets, and you can place your bets online. Toto is another popular lottery game that gives you a chance to become an instant millionaire by choosing six numbers and an additional number.
The winning numbers were drawn on May 4. The winning ticket was sold at Rangoon Provision Shop, a Singapore Pools outlet in Toa Payoh Central. It was a QuickPick System 8 entry. The winner, who identified herself as a migrant worker, said that she would use the money to buy gifts for her family and relatives.
If you’re a resident of Singapore, you must report all winnings from gambling activities to IRAS by the 15th day after the end of the month during which the betting occurred. In addition, you must pay a minimum 24 percent federal withholding tax on your winnings. You can also deduct expenses related to the game.