1. What is Toto Prize Calculation?

The Singapore Pools Toto prize calculation determines how much money each winner receives based on the total prize pool and the percentage allocated to their winning tier.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• \( Pool \) — Total prize pool amount in SGD
• \( Share\ Percentage \) — Decimal representing the portion of pool allocated to a prize tier

Explanation: The prize money is calculated by multiplying the total pool by the percentage allocated to the specific prize group.

3. Understanding Prize Distribution

Details: Singapore Pools Toto has different prize groups (Group 1 to Group 7) with varying percentages of the total pool allocated to each group.

4. Using the Calculator

Tips: Enter the total prize pool amount in SGD and the share percentage as a decimal (e.g., 0.5 for 50%). Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: How is the prize pool determined?
A: The prize pool is 54% of total sales, with the remaining going to taxes, operating costs, and charity.

Q2: What are typical share percentages?
A: Group 1 (Jackpot) gets 38%, Group 2 gets 8%, Group 3 gets 5.5%, etc. Exact percentages may vary.

Q3: What if multiple people win the same group?
A: The prize money for that group is split equally among all winners in that group.

Q4: Are prizes taxed?
A: No, Singapore Pools prizes are tax-free.

Q5: How often are Toto draws held?
A: Draws are typically held twice a week, on Monday and Thursday.