The Singapore lottery is a legitimate form of gambling that is operated by the government-owned corporation, Singapore Pools. To play the lottery, a person must choose at least six numbers from one to 49 and place a minimum bet of $1, which is inclusive of GST. Prizes are awarded to punters who match three of the winning numbers. The top prize is usually over a million dollars. The lottery is played every Monday and Thursday. The winnings are usually disbursed as cheques. In order to claim the prize, a person must present his or her winning ticket and a valid piece of identification (NRIC for Singaporeans and PRs or passport for foreigners) that matches their bank records.
Lucky draws are also common in Singapore. These are organised to promote a business’ product or service and can be considered as public lotteries. A business may be required to pay a levy of up to $200,000 for a lucky draw, but the levy will only apply if it meets certain criteria.
The organisers must display a sign that clearly states the terms and conditions of the lucky draw. In addition, they must comply with the Gambling Act and display the results of the draw in public places. Any person who fails to comply with the law may be subject to prosecution. In some cases, a composition amount will be offered if the person can prove that they were not aware that the promotion was illegal.