Singapore Pools pays out $9,731,377 to lottery winner in the new year

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State-owned lottery subsidiary company, Singapore Pools (Private) Limited, paid out a hefty $9,731,377 to one lucky lottery winner in the new year.

Singapore Pools is the only operator that is legally allowed to run lotteries in Singapore. Having been incorporated in 1968 to curb illegal gambling, Singapore Pools is a wholly owned subsidiary of the Tote Board, which is a statutory board under the Ministry of Finance.

A picture of the jackpot winner’s cheque has been trending on social media, with over 450 reactions and more than 100 shares. The cheque shows that it was paid on 4 January 2019.

Netizens responding to the picture of the cheque fantasised about what they would do if they won that kind of money. Some Singaporeans opined that they would leave Singapore if they won such a sum of money: