Sports Toto Result Latest
Prizes
Sports Toto offers various prizes to its players. These prizes include cash as well as the possibility of winning sports-related items. The winners are chosen through the lottery draw. The panel of judges selects individuals from the crowd to be the "drawees." The people must be non-Muslim and over 21 years old. These people will choose the marble bags that contain the winning numbers at various game stages. Sports Toto Malaysia was founded in 1969 and has retail outlets across Malaysia.
Buying a ticket
It is important to be aware of some facts before purchasing a Sports Toto ticket. Firstly, you can only win if your ticket is a valid one. Sportstoto outlets conduct ticket checks. Furthermore, winning tickets must be presented in person to claim the prize. However the company will try to deal with tickets that are damaged or damaged, as long as that essential information such as the date of purchase and entry numbers are legible.
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Taxes
Any person who wins a sports toto ticket has to pay taxes on the winning amount. It is crucial to note that the tax rate is contingent on your income. You can find the tax rates for various types of prizes and games at your local tax office or talk to 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 percent of pre-pandemic levels in FY24, but the company's EBIT will be negatively affected by the increased tax on services. RHB Research has reduced its earnings estimates for Magnum by 4 to 5 percent between FY24 and FY25.
The board of Sports Toto declared an interim dividend of two sen per share to a total of RM27 million, payable on October 18. The company's management is cautiously optimistic about the group's business prospects.