Sports Toto Result Latest

Prizes

Sports Toto offers various prizes to players. These prizes include cash and the possibility of winning sports-related items. The winners are chosen through an online lottery. The panel of judges picks "drawees" from the crowd. They are not Muslims and must have to be at minimum 21 years old. They choose the marble bags containing winning numbers for various game stages. In 1969, the company was founded. Sports Toto Malaysia is the largest lotto operator in Malaysia and operates retail locations nationwide.

Buying a ticket

If you are thinking of purchasing a ticket for Sports Toto, there are a few things to know. You must have an authentic ticket. Sportstoto outlets conduct ticket checks. The winning tickets have to be presented in person to claim the prize. However, the company will endeavour to process tickets that are damaged, mutilated or disfigured provided that essential information like date of purchase and entry numbers are clearly visible.

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Taxes

Any person who wins an toto sports prize must pay taxes on the winnings. However, it is important to note that the tax rate varies on your income level. Tax rates for different games and prizes are available at your local tax office. You can also talk to your accountant to learn more.

Hong Leong Investment Bank believes Sports Toto's NFO segment revenue will recover to 90-95 per cent of pre-pandemic levels in FY24, but the company's EBIT will be negatively affected by the higher service tax. RHB Research, meanwhile, has reduced its earnings estimates for Magnum and Sports Toto, respectively, by four to five percent in FY24 and FY25.

The board of Sports Toto declared an interim dividend of two sen per share for a total distribution of RM27 million, due on the 18th of October. The management of the company is cautiously optimistic about the company's business prospects.