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Lottery Singapore – What You Need to Know

Posted on March 7, 2023 By gunnrose
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Lottery Singapore

Lottery Singapore is a game of luck rather than skill, and there are no magic bullets that can guarantee you a win. However, you can play multiple bets or system bets to increase your chances of winning.

Lotteries are an important source of income for Singapore. According to the Tote Board, SGD9.2 billion (US$6.8 billion) was wagered on lottery and sports betting products last financial year, which is the highest amount since 2012.

Despite these benefits, we must keep in mind that a rise in gambling participation can lead to problems. Hence, the government is actively trying to regulate gambling in Singapore by limiting its consumption and increasing awareness about problem gambling.

The National Council on Problem Gambling provides support services to individuals and families who may be suffering from problem gambling. Individuals can contact the helpline on 1800-6-668-668 or use its Webchat to seek assistance.

In the event that a Participant or Claimant is found to be gambling excessively, the Company may issue a Family Exclusion Order and the person’s account will be closed. The person will be required to attend a rehabilitation program or undergo a family assessment.

In addition, the company upholds a policy of paying out prizes to the rightful holders of lottery tickets. In the event that a prize is not claimed within one hundred and eighty (180) days from the relevant draw, the prize will be forfeited. This is in line with the company’s commitment to provide a balance of world-class service and consumer welfare.

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