Brazil’s Federal Revenue Service created revenue code 6491 for collecting expired funds related to fixed-odds betting lotteries. The measure took effect on publication on 26 June and also revoked six earlier declaratory acts.
Betting operators need the new tax-collection code when remitting expired funds covered by the measure.
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Brazil's federal revenue from lotteries and fixed-odds betting reached R$11.116bn (US$2.2bn) between January and September 2026, exceeding the R$9.95bn recorded for all of 2025, according to Receita Federal data. September collections were R$1.2bn, up 3.7% on August, before Medida Provisoria 1.394/2026 of 25 September barred regulated online betting.
Brazil's federal revenue from lotteries and fixed-odds betting reached R$11.116bn (US$2.2bn) between January and September 2026, according to data released by the Receita Federal and. The nine-month total exceeds the R$9.95bn (US$1.97bn) recorded for the whole of 2025. The figures cover the last full month of normal activity before Medida Provisoria 1.394/2026 of 25 September barred regulated online betting.
Reportedly, Brazil's Receita Federal collected R$11.116bn from betting and gambling taxation, including Caixa lotteries, between January and September 2026. September alone contributed R$1.206bn, up 3.70% on August, in the last full month before the effects of the fixed-odds betting ban.
Brazil's Receita Federal collected R$11.116bn from the taxation of betting and gambling, including Caixa lotteries, between January and September 2026, according to the agency's revenue breakdown by economic division published on Thursday 22 October. The figure is 55.10% higher than the R$7.167bn recorded in the same period of 2025.
Brazil's ban on fixed-odds betting could remove up to R$18bn in transfers to the legal beneficiaries defined by Law 14.790/2023 by the end of the five-year authorisations in 2029. The GGR contribution raised R$6.64bn over 17 months of the regulated market, and the loss is projected at R$16bn, or R$18bn with the rates already approved for 2027 and 2028. The SPA/MF figures cover net collections from January 2024 to June 2026 and transfers from February 2025 to June 2026.
Brazil's ban on fixed-odds betting could remove up to R$18bn in transfers to the legal beneficiaries defined by Law 14.790/2023 by the end of the five-year authorisations in 2029, according to figures obtained from the Treasury via freedom-of-information request and. The measure interrupting the flow is Provisional Measure (MP) No. 1.394/2026, published on 25 September.
Receita Federal secretary Robinson Barreirinhas said Brazil’s fixed-odds betting ban would redirect spending and increase tax receipts elsewhere in 2027, reported by BNLData. The outlet contrasted the government’s estimated R$5.8bn revenue loss with R$6.3bn collected from betting between January and August 2026.
Robinson Barreirinhas, secretary of Brazil's Receita Federal, said in an interview that he is not concerned about the revenue lost through the provisional measure that banned fixed-odds betting. According to Barreirinhas, money that would have gone to betting operators will instead be spent in retail, services and goods, which he said would raise tax receipts in other sectors. He said he had no doubt that receipts from other segments would rise in 2027.
Brazil’s Federal Revenue collected R$9.91 billion in taxes on betting and gambling, including Caixa lotteries, from January to August 2026, according to figures released by the agency. August collections were R$1.163 billion, 20.51% below July’s R$1.463 billion; the figures include federal taxes such as IRPJ, CSLL and PIS/Cofins.