Mark your calendars. The next Hong Bao Draw will have a top prize of at least S$12 million. Here’s everything you need to know.
7 February 2025, Friday, will be one to remember for a lucky few Singaporeans. That’s the date the annual Hong Bao Draw will be taking place, giving away a top prize of S$12 million. After the draw, we will see a few more millionaires emerge, all newly minted in one fateful weekend.
Imagine going to sleep and waking up the next morning rich beyond your wildest dreams.
That is exactly what will be happening for someone in Singapore soon. It could be someone you know, someone you passed by yesterday, someone you’re related to – or that someone could even be you.
It’s a scenario that’s tantalising enough to make anyone sit up and take notice. And even though lotteries are engineered to be famously difficult to win individually, the fact that someone does win on a regular basis is enough to make even the most level-headed of us throw caution (and a few bucks) to the wind.
And that’s ok, as long as we’re only buying the occasional lottery ticket for fun, and not recklessly betting every last dollar we have and risking our financial health to do so. So in the spirit of entertainment, let’s have a closer look at what’s in store for us punters and all.
Table of contents
- What is Hong Bao Draw 2025?
- How to take part in Hong Bao Draw 2025?
- Will Hong Bao Draw 2025 be the largest jackpot in history?
- Hong Bao Draw 2025 trivia and other tidbits
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What is Hong Bao Draw 2025?
The Hong Bao Draw is a yearly lottery held by Singapore Pools. It is a Toto draw that usually takes place within the 15-day Chinese New Year celebratory period, and is known for giving away some of the largest cash prizes of the year.
What makes Hong Bao Draw 2025 special is that it is the 25th anniversary of the Toto draw. That’s right, the Hong Bao Draw was first introduced in 2000, and has been a crowd favourite ever since.
Hong Bao Draw 2025 is actually the third special draw of the year. It is preceded by the New Year Draw, which took place on 3 January with a top prize of S$5 million, and the Reunion Drawn on 24 January, which also had a top prize of S$5 million.
That means the three special draws would give away at least S$22 million. That’s enough cash to literally swim in!
How to participate in Hong Bao Draw 2025?
Hong Bao Draw 2025 will be taking place on 7 February 2025, Friday. You can participate in the draw by buying a Toto lottery ticket, either online, or in-person at any authorised retailer or Singapore Pools outlet islandwide.
To play Toto, you place a bet by picking seven numbers out of 49. If the numbers you pick match those that were drawn on the day of the draw, you’ll win.
The following table shows the seven prize groups in Toto, their payouts, as well as the statistical chance of winning each one.
|
Prize group |
Payout |
Match numbers |
Odds of winning |
|
1 (Jackpot) |
38% of prize pool (min. S$1 million or amount stated) |
6 winning numbers |
1 in 13,983,816 |
|
2 |
8% of prize pool |
5 winning numbers + Additional Number |
1 in 2,330,636 |
|
3 |
5.5% of prize pool |
5 winning numbers |
1 in 55,491 |
|
4 |
3% of prize pool |
4 winning numbers + Additional Number |
1 in 22,197 |
|
5 |
S$50 |
4 winning numbers |
1 in 1,083 |
|
6 |
S$25 |
3 winning numbers + Additional Number |
1 in 812 |
|
7 |
S$10 |
3 winning numbers |
1 in 61 |
|
n/a |
n/a |
Any of the above winning conditions |
1 in 54 |
Will Hong Bao Draw 2025 be the largest top prize in history?
Well, it could well be.
For now, S$12 million has been allocated for the top prize. This could increase if the amount of bet wagered increases.
Singapore Pools has been known to add a certain portion of lottery ticket sales to the jackpot when sales exceed a certain level. In fact, this just took place during the first Toto draw of the year, held on 3 January 2025.
A sum amounting to 38% of ticket sales were added to the jackpot, ultimately increasing the top prize to S$11.6 million from the previously snowballed amount of S$8.2 million.
The enlarged top prize helped three lucky jackpot winners take home more than S$3.8 million each.
Hong Bao Draw 2025 trivia and other tidbits
What was the largest single Toto jackpot win in history?
On 9 May 2024, one individual won the entire jackpot of S$13.12 million, setting the record for the largest prize money won by a single ticket in Singapore lottery history. This was after the previous three draws produced no winners, causing the jackpot to snowball three times.
The second-largest Toto jackpot was S$13.07 million – drawn in October 2023.
Do I have to pay taxes on my lottery winnings?
No, lottery winnings are not considered income. Thus they will not be subject to taxes under Singapore’s income tax regime.
This applies to all legal bets made under Singapore Pools, and covers sports betting, lottery and horse racing.
Do I have to reveal my identity to claim my lottery winnings?
To claim your winnings, you’ll need to pay a visit to any Singapore Pools outlet with your winning ticket in good condition, as well as your NRIC or passport (for foreigners).
Your identity will be kept confidential by the staff, and there’s no need to reveal your identity as a lottery winner.
How are Toto winnings paid out?
Once your winning ticket has been verified, you can collect your winnings at any Singapore Pools outlet in cash (up to S$5,000) or via PayNow (up to S$20,000).
For larger amounts, please visit the Singapore Pools main office for cheque or PayNow collection up to S$200,000.
🧧Sure Win, Sure Huat🧧: Apply or purchase products through SingSaver and get your hands on Sure-Win Red Packets 🧧 worth up to S$8,888 in cash. The more you apply, the more red packets you’ll receive—so why wait? Valid till 26 January 2025. T&Cs apply.
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