Everyone seems to want to get their hands on a potentially record-breaking lottery ticket when lottery fever sweeps the country. However, it is not always possible to rush out and collect lottery tickets. If you have to stay at home, leave the country, or not get to the store, purchasing lottery tickets on the internet appears to be a simple solution. Is it, however, possible to buy Singapore lottery online? Is it permissible? Is it secure? Find out more here.
The Risks of Purchasing Singapore Lottery Online:
Because the risk is so high, most governments around the world strictly regulate how lottery tickets can be purchased and sold. It is critical to ensure that the tickets are valid and that they give the promised prizes. Each year people around the world spend more than billions of dollars. We have heard there would be far more cases of people purchasing fake lottery tickets without these safeguards and the seller pocketing the money or retailers ensuring that they only sell lost tickets to customers.
Lottery retailers must be licensed to avoid these scams. What they must do to obtain a license varies by state. It is common for retailers to undergo a criminal background check to ensure they are not involved in any crime. Or illegal gambling scheme and they must send a large deposit to ensure that they distribute their tickets fairly.
Purchasing Singapore lottery online opens the door to fly-by-night organizations that prey on customers and then vanish just as they are about to be discovered. Because of the high risk to consumers, laws restrict or prohibit online lottery sales in the United States and many other jurisdictions. However, this does not rule out the possibility of purchasing a lottery ticket online in the United States.
How to be secured When Purchasing Singapore Lottery Online:
If you decide to try your luck at the Singapore lottery online, make sure you do your homework before purchasing your tickets. Remember that residents of the majority of the United States are not permitted to buy lottery tickets online legally. Be wary of websites that appear to sell lottery tickets but offer the “opportunity” to bet on the lottery’s outcome. Don’t be taken in by the hype or promises made by lottery apps and websites. The most secure option is to go to an official state lottery website. Make sure you know which company you’re donating to and that you thoroughly research any website before committing.
Chance of winning:
According to reports, players have a one in 13,983,816 chance of winning the lottery jackpot. Surprisingly, the largest prize to date was SGD 13.943 million in 2016. The award was between two players, each of whom received a coin worth SGD 6.971 million. SGD 10 is the lowest price you could hope to win. You can achieve this when at least three of your numbers match. Players have up to 180 days after winning to claim their prize. Local betting shops will pay you up to SGD 5,000 in cash. However, for huge sums, you must visit the lottery offices.