The Brazilian lottery Caixa closes its best year of activity

The collection in 2021 was the highest in its history, rising to 18.5 billion reais, which which translates to about US$3.2 million. This milestone marks the good moment for betting in Brazil, and seems to pave the way for the definitive implementation of the online modality.

Bolas de sorteo de lotería.

2021 has been a record year for the Caixa lottery. Awards and collections reached their all-time highs.©PauloDiniz/Pixabay

Caixa's records in 2021

Despite the recession marked by the Covid pandemic, the Brazilian gaming industry || |26mostró su mejor cara en 202. This was due to a successful communication campaign, while reflecting the interest of the Brazilian population in games of chance. The annual collection reached R$18,500 in all its betting variants, a real milestone in the country's lottery.

The sum implies theexceeding the previous record, which dates from the year 2020, where the collection had reached R$17,100. By the end of 2021, the total was 8.2% higher, which translates into extraordinary year-on-year growth, especially considering the difficulties caused by the pandemic. In addition, since 2018, Caixa's volumes grew by 34.1%.

One of the highlights of this successful year was theMega da Virada 2021 contest. It was a special event that meant the highest collection in history in a single contest. Mega da Virada showed an increase of 28% compared to the previous year and 70.4% compared to 2018. The sum reached R$1.5 billion. As for the prizes awarded, they also represented a milestone in the history of Caixa, since the contest awarded R$378 million in the draw on December 31.

The lottery activity did not end there. During 2021, it managed totransfer about R$8.4 billion to social entities, which represented a more than significant contribution to the public area. Among the main beneficiaries of these money transfers are the INSS (National Social Security Institute), and the Public Security, Sports and Culture fund. Likewise, Caixa covered its Income Tax rate, which implies another contribution to the state sector. In total, the prizes offered during 2021 reached R$5,900.

The activity of Caixa, the most important lottery in Brazil

Caixa is the most traditional bank in Brazil, and one of the largest in Latin America, founded in 1861. The company boasts of havingaccompanied the country throughout its history, in specific processes such as urbanization and industrialization. In terms of betting games,Caixa has had a monopoly on federal lotteries since 1961. Since 1969, the bank has been considered a public company.

Among the products offered by Caixa is theLotofacil, one of the favorites of Brazilians. The announced prizes amount to R$7,000,000. To obtain them, it is necessary to match 20 of the 25 numbers that appear on the ticket. Another very popular draw is Quina. In this contest, between 5 and 15 numbers are chosen from the 80 available. Prizes today rise to R$7,500,000.

Another very popular offer isLotomania, a contest that offers R$500,000. It is 15, 16, 17, 18, 19, 20 or no number. It is one of the easiest ways to get prizes, even if it is not very large. The Timemania raffle, for its part, between R$8,500,000 in prizes and is aimed at soccer lovers (which in Brazil is almost everyone). In addition to betting on exact numbers, you must choose a "Time do Coração" (team of the heart), which is raffled at each participation.

The right moment for the regulation of online gambling

Brazil isone of the most punitive countries in Latin America in relation to with online betting. Although there has already been progress towards its full implementation, the current government has a very negative perspective on the matter. The Executive Power, headed by the controversial Jair Bolsonaro, is closely aligned with the evangelical churches of Brazil, which have representatives in all strata of the State. The interests of this sector have to do with protectionism and complete prohibition: not only betting, but many other forms of entertainment that are considered immoral, although, on the other hand, they encourage the sale of weapons among the civilian population.

However, the issue is on the table and needs to be addressed. On December 16, the Chamber of Deputiesdebated the issue, but given the great dispute of opinions, the decisive session was postponed to February of this year. Thebill was presented by Felipe Carreras, who represents the liaison table that has been working on the issue in recent months. The issue is expected to be resolved in the coming months and implemented before the end of the year.

Current President Jair Bolsonaro threatened torepeal any law that came out on the subject; however, given his dismal public image, it is very likely that the 2022 elections will place him outside the government house.

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