A Group Toto bet is a shared wager where the prize money is distributed between a group of people. Each ticket must have a stake of seven cents or more. The prize amount will be rounded to the nearest ten cents, and the total amount will be divided between the group. This type of bet is available only at retail outlets, and punters must check the Group Toto box when completing the bet slip. They must also tell the counter staff how many tickets they want printed.
Choosing the right strategy for a Toto lottery strategy can help you maximize your winnings and minimize your losses. There are some strategies that can give you a high theoretical average return, but you should understand that the actual returns may not match those figures. For instance, your chances of winning the Group 1 prize are extremely low. Group 2 has a low probability of winning, so if you never win both prizes, your average return will be just S$0.302. This means that Toto is still very much a game of luck, so you should choose your strategy wisely.
The biggest Toto jackpot is S$2.917 million, and so far there have been four winners. The prize money is divided among the winners. In order to win the jackpot, you must be willing to part with some of your savings. The prize money can be used to pay off debts or to donate to charities.