Prime Minister Benjamin Netanyahu is hoping to become Israel’s longest-serving as he sets for a fifth term.
His Likud party is expected to finish with a similar number of seats as ex-military chief Benny Gantz’s centrist Blue and White alliance.
Likud and right-wing allies are set to be the largest bloc with 65 seats in the 120-seat Knesset, local media said.
According to BBC.com, the 69-year-old premier is facing corruption allegations.
However, exit polls had predicted a tight race with no clear winner, with both Mr Netanyahu and Blue and White leader Benny Gantz to claim victory on Tuesday night.
“It will be a right-wing government, but I will be prime minister for all,” Netanyahu told supporters.
“I’m very touched that the people of Israel gave me their vote of confidence for the fifth time, and an even bigger vote of confidence than previous elections.
“I intend to be the prime minister of all citizens of Israel. Right, left, Jews, non-Jews. All of Israel’s citizens.”
No party has ever won a majority in Israel’s 120-seat parliament and it has always had coalition governments.
