Sports Toto Result Latest

Prizes

Sports Toto offers a variety of prizes to its participants. 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 chooses "drawees" from the crowd. The people selected are not Muslims and must have to be at minimum 21 years old. They choose the marble bags containing winning numbers for different game stages. Sports Toto Malaysia was founded in 1969 and runs retail outlets throughout Malaysia.

Buying a ticket

You should be aware of a few facts before buying a Sports Toto ticket. You can only win with an authentic ticket. Tickets are checked by the sports toto outlets. Additionally the winning tickets must be presented in person in order to claim the prize. The company will continue to process tickets that have been damaged, torn, or disfigured, provided that the essential information, such as the date of purchase and entry numbers, are clearly visible.

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Taxes

Any person who wins a toto sports ticket must pay taxes on the winnings. It is important to remember that the tax rate will depend on your income. You can find tax rates for different types of prizes and games at the tax office in your area or talk to your accountant to learn more details about the tax rates.

Hong Leong Investment Bank believes Sports Toto's NFO segment revenues will rise to 90-95 per cent of pre-pandemic levels in FY24, however the company's EBIT will be negatively impacted by the higher service tax. RHB Research has reduced its earnings estimates for Magnum by 4 to 5 percent between FY24 and FY25.

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