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Caixa reports R$4.01bn in unclaimed lottery prizes for 2016–2025

Regulation

Caixa Econômica Federal reported that lottery winners in Brazil left more than R$4.01 billion unclaimed between 2016 and 2025. The amounts are transferred to the Fundo de Financiamento Estudantil (FIES); R$587 million went unclaimed in 2021, the period’s highest annual figure. Winners have 90 days from the draw to claim prizes, according to the report.

The figures show the scale of lottery prize money transferred to FIES under the stated 90-day claim rule.

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Regulation

Brazil’s SPA warns consumers against paying fees to recover betting balances

Brazil’s Secretariat of Prizes and Betting said consumers should not pay fees or share personal or banking details in response to messages seeking payment to release betting balances. The SPA said it had received no report about the specific fraud but confirmed that Caixa Econômica Federal would handle refunds and that payment methods used by fraudsters were under investigation.

Brazil's Secretariat of Prizes and Betting (SPA) has told consumers not to pay fees or provide personal or banking details in response to messages demanding payment to release betting balances, the regulator said. The SPA said it had not received reports about the specific fraud, but reiterated that no fee is foreseen for the return of funds to bettors. The return of remaining balances will be handled exclusively by Caixa Econômica Federal, according to the secretariat.

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