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 How does toto company earn money if daily jackpot

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anakMY
post Feb 9 2022, 11:30 AM

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Sohai use ur brain lah TS, if they keep loosing money can they still sustain until today?
khaimitoban
post Feb 9 2022, 11:31 AM

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is it true that sport toto is gov 'black account' mainly use for sports budget?
yongku99
post Feb 9 2022, 11:34 AM

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Towkay care less if u losing,house always win..... tongue.gif tongue.gif tongue.gif


user posted image
J1g54w
post Feb 9 2022, 11:35 AM

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they already done the calculation many decades ago... you think they do charity ke?
Hanapi-ap
post Feb 9 2022, 11:37 AM

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Toto price never inflate

Hidup toto damacai magnum
pureawesomeness
post Feb 9 2022, 11:38 AM

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Feb 9 2022, 11:59 AM
This post has been deleted by Jedi because: here comes the lololol guy with his donkey replies each time

kons
post Feb 9 2022, 11:39 AM

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and u think people really win?

sometimes they just songlap it and declare some people won it.
next time start from 0 again.

but in the end no one won it, they just telan it
Knnbuccb
post Feb 9 2022, 11:39 AM

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QUOTE(Kylow @ Feb 9 2022, 11:29 AM)
I seen people buy like 30 numbers Rm20 each
gila punya orang, buy randoms shit on shopee also more worth
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Random shit on shopee won't change Ur life....
At least he buy jackpot he got more than 0 percent chance of changing his life.

Unless u buy a d1ldo. from shopee.... In which case your life will change like how achik and khaimitoban discovered
bristlebb
post Feb 9 2022, 11:39 AM

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in judi, house always win
Knnbuccb
post Feb 9 2022, 11:43 AM

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Lol if u think about it insurance and this Judi company got something in common
Basically some ppl r subsidising others. But then the house and insurance co always wins. But insurance is even more unpredictable because sometimes shit might happen like suddenly a lot of ppl dieded from cobis etc. So actually Judi is less risky for the house.
Knnbuccb
post Feb 9 2022, 11:44 AM

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Why everyone say TS Bodo, if not mistaken he open medical centre earn 50k a month
jmas
post Feb 9 2022, 11:48 AM

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the payout is not instant, and not 1 lump sum
its either
i. by installments over 10-30years
or
ii. <wrong info refer comment below>

This post has been edited by jmas: Feb 9 2022, 11:56 AM
TryingToSurvive
post Feb 9 2022, 11:50 AM

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QUOTE(jmas @ Feb 9 2022, 11:48 AM)
the payout is not instant, and not 1 lump sum
its either
i. by installments over 10-30years
or
ii. by lump sum, reduced income tax and other taxes, usually ~50-60% of actual won
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This is false. Lump-sum tax is only got USA.
Malaysian practices a tax paid upon purchase with no wind fall tax.
If you win sports toto 50.05mil tomorrow, the cheque written to you will be 50.05mil
U bank in to your account 50.05m, if lhdn ask why you got so much money? U just show them Ur winning ticket and then they go away because 50.05mil is ALL legally paid winnings
iandope
post Feb 9 2022, 11:52 AM

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toto is madey proxy lubang la. u sure that each outlet collection is tally with legit buyer? i wont be surprised if until today they are still a proxy.

i know 1 dato N who owns a toto. this is what he said to me last time.

This post has been edited by iandope: Feb 9 2022, 11:53 AM
commonsense
post Feb 9 2022, 11:52 AM

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QUOTE(Jedi @ Feb 9 2022, 10:27 AM)
Daily jackpot first prize in tens of millions
2nd prize also millions

If daily give out average 15 mil to winners like lao lee kong, how they survive the business? U need 7 million people to bet rm20 each daily kan to cover
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Yaya, all this while the toto company is bodo, u r smart. Topkek

This post has been edited by commonsense: Feb 9 2022, 11:53 AM
jmas
post Feb 9 2022, 11:53 AM

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QUOTE(TryingToSurvive @ Feb 9 2022, 11:50 AM)
This is false. Lump-sum tax is only got USA.
Malaysian practices a tax paid upon purchase with no wind fall tax.
If you win sports toto 50.05mil tomorrow, the cheque written to you will be 50.05mil
U bank in to your account 50.05m, if lhdn ask why you got so much money? U just show them Ur winning ticket and then they go away because 50.05mil is ALL legally paid winnings
*
eh? not kena income tax meh?
I kena con by LHDN?

edit 1: shiat, >7yrs income tax can chase back?
edit 2: from LHDN, i mean

This post has been edited by jmas: Feb 9 2022, 11:55 AM
WhatMan
post Feb 9 2022, 11:55 AM

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QUOTE(Knnbuccb @ Feb 9 2022, 11:43 AM)
Lol if u think about it insurance and this Judi company got something in common
Basically some ppl r subsidising others. But then the house and insurance co always wins. But insurance is even more unpredictable because sometimes shit might happen like suddenly a lot of ppl dieded from cobis etc. So actually Judi is less risky for the house.
*
Unlike playing 4D/Jackpot, if you strike money with insurance, its either you will be suffering for life or even dead to enjoy the returns.
MR_alien
post Feb 9 2022, 11:56 AM

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U really think if they say kena...really got people kena?
ozak
post Feb 9 2022, 11:59 AM

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QUOTE(MR_alien @ Feb 9 2022, 11:56 AM)
U really think if they say kena...really got people kena?
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Not like other countries where the winner will kuda post.

We here practice silence and anonymous.
SuperTuhan
post Feb 9 2022, 11:59 AM

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The question is
Does the big winner actually always exist ?

Rm 50 mil is a very huge amount to some people who make their own undeclared money see daylight and clean

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