If you win the lottery in Singapore, you will be happy to know that you can claim your prize in two ways. You can choose to take the prize in annual payments or get a smaller amount of cash up front. If you win the top prize, your winnings will be equivalent to US$596.7 million or S$843 million. However, the first prize you receive is subject to federal tax of 24 per cent, and the rest of the money will be subject to taxes at higher brackets. In addition, your Lottery Singapore prize is considered a windfall, which means you do not have to declare your winnings.
You can play the lottery online, in retail outlets, and through a mobile application. To play, you choose six numbers from 1 to 49, and if all six numbers match, you win the jackpot prize. To check if you’ve won, simply go to the Lottery Singapore website and check the results. In order to qualify for the jackpot, your numbers must match the previous draw results and be weighted correctly.
You can also play the 4D lottery in Singapore. This game is easy to play and offers high payouts. As long as you play responsibly, you can enjoy the thrill of winning a jackpot.