TOTO Self Pick
This year's draw has a jackpot close to the highest in the draw's history. Since the annual draw started in 2000, its highest recorded jackpot has been $12.8 million, in 2002. Winnings are tax- exempt. So far, each year's draw jackpot has been shared among multiple winners.
A buyer picks at least six numbers, from 1 to 49. The winning numbers drawn include six numbers plus an additional number. Three or more winning numbers on a ticket matching the seven numbers drawn qualifies the buyer for a cash prize. The prize money escalates with the increase in numbers matched.
In the game of TOTO, one has to purchase a set of 6 numbers, selected from 1 to 49. During the draw, 6 numbers plus an additional number will be drawn. These will form the set of winning numbers. In order to win, you need to have at least three numbers that match the winning numbers.
The TDS of 30.9% is a flat tax on the winning amount; it will not be added to your income and you will not be able to benefit from your income tax rate slab. The prize money will be considered as separate from your income, and your regular income will be taxable as per your income tax rate slab.
Yes, if you have a valid Foreign Identification Number (FIN) and meet all prerequisites. If you are a foreign passport holder, you will only be able to select and bet on Horse Racing. You will need to provide your Singapore address and Singapore phone number during account registration.