Chamber hearing debates transfer of federal lotteries to Caixa subsidiary

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Foto: Macelo Camargo - Agênca Brasil

Next Wednesday (3), the Administration and Public Service Commission of the Chamber of Deputies will debate the possible transfer of federal lottery operations to a subsidiary of Caixa Econômica Federal.

Deputies Tadeu Veneri (PT-PR) and Erika Kokay (PT-DF) highlight that Caixa lotteries play a crucial role in reducing social inequalities in Brazil, allocating around 40% of profits to areas such as health, education and projects social.

Since 1962, Caixa has had a monopoly on federal lottery games, thus enabling its relevant social role.

The debate, scheduled for 2 pm, will be attended by representatives from the Ministry of Finance, trade unions and Caixa Econômica Federal itself.

Request No. 9/2024, proposed by deputies Tadeu Veneri (PT-PR) and Erika Kokay (PT-DF), requests a Public Hearing to discuss the transfer of lottery operations to a Caixa subsidiary company.

The hearing aims to understand the rationale behind this decision, especially following recent discussions within the state bank’s Board of Directors.

Therefore, the application also highlights the history of lotteries in Brazil, highlighting the challenges previously faced in privatization attempts.

About Caixa Lotteries

Caixa Econômica Federal Lotteries comprise a variety of types of games of chance, each with its specific characteristics and purposes.

Among the main lotteries managed by Caixa is Mega-Sena, known for its million-dollar prizes.

Lotofácil, which stands out for its ease of betting and high frequency of winners. Quina offers significant prizes for matching five, four, three or two numbers.

In Lotomania, it is possible to choose 50 numbers out of 100 available. While Dupla Sena allows two draws per contest, thus increasing the chances of winning.

In addition, there are other modalities such as Loteca, Lotogol, Timemania and Dia de Sorte, each with its own peculiarities and betting formats.