In Singapore, the lottery is a popular form of gambling. However, many people don’t know the rules and regulations surrounding the game. This article will help you understand the game better and make informed decisions when it comes to buying tickets.
If you want to play the lottery in Singapore, you must first register with IRAS (Inland Revenue Authority of Singapore). You will then be required to submit statements and pay your gambling duties by the 15th day after the end of the month during which the betting activities took place. Failure to file and pay by the due date will result in enforcement actions. However, IRAS may allow you to avoid prosecution by paying a composition amount.
The 4D lottery is a popular lottery in Singapore, and it’s one of the only legal games that you can participate in as a foreigner. The game is run by Singapore Pools, a government-owned company. The results are published in local newspapers and on social media sites. To play, simply select a four-digit number from 0000 to 9999. The prizes are typically cash or goods.
In Singapore, it is common for businesses to conduct lucky draws to promote their products or services. However, it is important to note that these events may be deemed to be public lotteries in violation of the CGHA if not conducted legally. Hence, they must be registered with IRAS to avoid prosecution. In addition, they must also pay a gambling duty of up to 2% of the prize amount.