Toto Jackpot prizes helped change lives of Malaysians
Whilst the chances of winning the lottery are few and far between, the low cost of entry has made it an attractive game of odds for Malaysians. Winning a game of lottery relies on the volume of competitors, amount of tickets in circulation, and also the game itself and prosperity or lack thereof of the digits chosen by patrons. With a mere four ringgit, a man won almost 17 million ringgit after testing his luck in the Toto Jackpot. The retired individual usually tries out a combination of his favourite numbers and this time, the gods of fortune were shining down on him. He wisely mentioned that he would use a portion of his winnings on investments. According to studies, at least 70 percent of lottery winners tend to end up bankrupt as soon as a couple of years after their big wins. This is probably due to the misuse of their newfound wealth and their inability to think of future use cases for their winnings. This particular Toto Jackpot champion won during the 6/58 Jackpot draw.
Another two lucky lottery patrons won a cut of 97.75 million ringgit when they played their hand in the Supreme Toto 6/58 draw last year. The 41-year-old won the bigger chunk and states that he would like to donate some to charity while using the rest to pay off his debts. He used a combination of ages and date of births of his loved ones to come up with the digits that would change his life.
Usual patrons of the Toto lottery would fall back on and prefer to rely on their favourite or “lucky numbers”. An individual’s favourite number and their logic for choosing them are subjective. Some individuals prefer to choose popular angel numbers as their favourite numbers to bring them prosperity. Angel numbers are repetitive figures such as 111 or 333. Other methods of choosing auspicious numbers for the lottery include going with the flow and betting on numbers that can be found in one's immediate environment.
Most lucky patrons of the lottery will tend to spend their winnings on charity if they have no immediate dependents. The lottery players who have debts on the other hand would most likely clear them before putting the remaining earnings into investment opportunities. As a rule, lottery prizes in Malaysia are not taxed but profits from investing them will be taxed. Some winners are seen using the money to upgrade their current housing or putting it in an account for their children’s future education.
There are also other types of Toto Jackpot lottery games that one can participate in such as the EZ-Bet System 15 where one can make smaller bets and get more numbers in the game. This is attractive as the lower cost to entry yields higher chances of winning a prize. Despite one's winnings being divided more into smaller portions, the prize at the end of the lottery is still significant. For instance, when a Selangor winner won last year using this EZ-Bet System walking away with more than 14 million ringgit (a combination of 2 million plus a bonus of 12 million for her bonus numbers). As the average annual salary in Malaysia being just under 80 thousand ringgit, these lottery prizes are life-changing sums of money for Malaysians. With that being said, the chances of winning are slim and if it is not within one's means, then they should not participate even with the low barriers of entry as the odds of winning a sizable prize is slim. Gambling should be taken lightly and not be used as a way of getting satisfaction that leads to the detriment of one's financial health.
Toto Jackpot is a slightly more complicated version of the usual Toto lottery. Here, one must pick 4 figures with each going up to 50 and a bonus number but the second digit should only go up until 9. The jackpot is only given to players who accurately estimated the five numerals. The results for this game are announced on both weekend days and during the middle of the work week. While the game does have a low cost of entry at two ringgit, patrons can invest more money in their round to better their odds. The highest winnings so far in Malaysia in 2023 was 97 million ringgit shared by the examples mentioned earlier. This lottery game is an adaptation from the popular and regular 4D lottery game. Most patrons may choose to purchase lottery stubs at credible and legitimate retailers nearest to them. Others prefer to use either a third-party seller or online methods. The results may be monitored using the lottery company’s app, in person at the retail outlets, or using the booths provided at the retail stores. The lottery ticket stubs condition must be pristine for one to collect their winnings. These strict rules have forced some individuals to lose out on their winnings due to torn or damaged tickets.
Links:
https://www.news4jax.com/features/2023/01/12/rip-up-the-winning-ticket-5-reasons-why-winning-lottery-can-destroy-lives/#:~:text=According%20to%20the%20National%20Endowment,bankrupt%20within%20a%20few%20years.
https://www.therakyatpost.com/news/malaysia/2023/04/27/70-year-old-negeri-sembilan-man-wins-rm16-97-million-jackpot-with-rm4-bet/
https://www.thesundaily.my/home/lucky-duo-win-record-breaking-rm9775-mln-toto-jackpot-XF9034167
https://www.sportstoto.com.my/how_to_play_658ez.asp#:~:text=EZ%2DBet%20gives%20you%20more,11
Keywords:
Toto, Toto Jackpot, Toto Lottery, 4D, Supreme Toto
Sub Keywords: prize, winnings, angel numbers