Woman gets equal share of ex-husband's $1.25 million 4-D winnings

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Singapore's top court has ruled that the lottery winnings of a spouse are part of a couple's matrimonial assets to be shared equally, when the ticket is bought with the intention of benefiting the family instead of the winner alone. In reversing a High Court decision, the...

Singapore's top court has ruled that the lottery winnings of a spouse are part of a couple's matrimonial assets to be shared equally, when the ticket is bought with the intention of benefiting the family instead of the winner alone.

Judge of Appeal Andrew Phang said the presumption is that both contributed equally to the matrimonial pool from the winnings, unless the spouse who bought the winning ticket can show it was bought for his or her benefit only and not for the family's benefit as a whole.

 

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$1.25m 4D win: wife has equal share in husband's prize money, rules top courtSINGAPORE: Singapore's top court has ruled that the lottery winnings of a spouse are part of a couple's matrimonial assets to be shared equally, when the ticket is bought with the intention of benefiting the family instead of the winner alone.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »