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Prizes

Sports Toto offers a variety of prizes for players. These prizes include cash as well as the possibility of winning sports-related items. The winners are selected through a lottery. The panel of judges picks those who are drawn from the crowd to serve as "drawees." The people must be non-Muslims, and at least 21 years old. These people will select the marble bags containing the winning numbers of the various game stages. In 1969, the company was founded. Sports Toto Malaysia is the largest lotto operator in Malaysia and operates retail venues across the country.

Buying tickets

It is important to be aware of a few facts before buying an Sports Toto ticket. First you are only eligible to win only if you have a valid one. Ticket checks are performed by the sports toto outlets. Furthermore, winning tickets must be presented in person to claim the prize. The company will still accept tickets that are torn, mutilated or damaged in the event that the vital information, like the date of purchase and entry numbers, are legible.

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Taxes

Anyone who wins a toto sports ticket must pay taxes on winnings. However, it is important to know that the tax rate depends on your income. You can find the tax rates for various types of prizes and games at the tax office in your area or check with your accountant for more about the specifics.

Hong Leong Investment Bank believes Sports Toto will recover 90-95 percent of its pre-pandemic NFO segment revenue in FY24. However the company's earnings are expected to be negatively affected by increased service taxes. RHB Research has reduced its earnings estimates for Magnum by 4 to 5 percent in FY24 and FY25.


The board of Sports Toto has declared a two-sen interim dividend per share. he said amounts to RM27 million payable on October 18. The management of the company is confident about the group's business prospects.