Good news for all Singaporeans. With the high cost of living, high property prices, the govt has taken noticed and is helping again. The top price for Toto is now raised from $500k to $1.6. This is necessary as $500k or $600k could barely be enough to buy a HDB flat. Come to think of it this is really doesn’t make sense when you see people earning more than a million or $5m or $10m in salary annually. And the people have to place bets with a one in 14 million chances just to win $500k. And there are people saying, what is $10m? Would the Toto winner be saying, what is $500K?
At least $1.6 million would be sufficient to buy a HDB flat and maybe a nice car to go with it, and with a little spare cash to have a fling. It is a good thought really. Never mind if the cost is a bit more. Let me quote SY Lee and Leong Sze Hian’s introductory paras posted in TRE on the enhancement of the Toto prices.
‘We refer to the article “Larger jackpot with more prizes for TOTO from Oct 7” (Channel NewsAsia, Aug 2
Betting amount increase 100%?
It states that “In changes that will take effect from Oct 7, An ordinary bet of six numbers will now cost S$1 as opposed to 50 cents previously, while System 7 will now cost S$7, as compared to S$3.50 previously….’
I must say that the govt is not only forward looking, an ability to see ahead, it is also caring and wanting the people to do well and live well. Now the lucky winners will be happier and able to live better with $1.6m.
There is hope.
Kopi Level - Green