Sports Toto Result Latest

Prizes

Sports Toto offers various prizes to players. These prizes include cash as well as the chance to win sports-related items. The winners are chosen by an online lottery. The panel of judges selects "drawees" from the crowd. These people must not be Muslims and have to be at minimum 21 years old. These people will select the marble bags containing winning numbers of the various game stages. Sports Toto Malaysia was founded in 1969 and runs retail outlets throughout Malaysia.

Buying tickets

If you are thinking of buying a ticket for Sports Toto, there are some things you need to be aware of. Firstly you can only win the prize if your ticket is valid. Tickets are checked by the sports toto outlets. Moreover the winning tickets must be presented in person in order to claim the prize. Nonetheless, the company will endeavour to deal with tickets that are torn or damaged, as long as that essential information such as the date of purchase and entry numbers are visible.

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Taxes

Any person who wins a sports toto ticket must pay taxes on the winning amount. However, it is important to note that the tax rate is based on your income. You can find tax rates for various kinds of prizes and games at your local tax office or check with your accountant to learn more details about the tax rates.

Hong Leong Investment Bank believes Sports Toto's NFO segment revenue will recover to 90-95 per cent of pre-pandemic levels by FY24, however the EBIT of the company will be negatively affected by the higher tax on services. 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. This amounts to RM27 million in total, payable on 18 October. The management of the company is cautiously optimistic about the company's business prospects.