SINGAPORE SWEEP (Disposal of unclaimed prizes)
Parliament of Singapore · 31 August 1989 · 7th Parliament
Official Report, 31 August 1989, Vol 54, Issue 6 · Open in the reader (summaries, search, filters)
Dr Lee Siew-Choh asked the Minister for Finance what were the total sums of unclaimed prizes of the Singapore Sweep for the years 1979 to 1988; and how were they disposed of.
The Minister for Finance (Dr Richard Hu Tsu Tau): Mr Deputy Speaker, Sir, unclaimed prizes of the Singapore Sweep lottery over the period 1979 to 1988 totalled $15.33 million. Such unclaimed prizes are retained by Singapore Pools and re-distributed as donations each year to charitable, social or sports organizations. Since 1979, Singapore Pools has contributed more than $42 million to such organizations.
Dr Lee Siew-Choh: Does retention in the Singapore Pools Limited mean that it is somewhat the same as paid to the Consolidated Fund in any way?
Dr Richard Hu Tsu Tau: By retention, it means it is retained within Singapore Pools.
Source: Singapore Parliament Official Report (Hansard) for 31 August 1989. Republished on SGParliament.