Government withdraws Lotex, known as ‘scratch card’, from privatization program

Government withdraws Lotex, known as ‘scratch card’, from privatization program

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During the Bolsonaro government, there were two attempts to transfer the Instant Lottery to the private sector, but without success. Caixa has already been authorized to resume betting. Scratch ticket in the United Kingdom BBC The federal government removed the Exclusive Instant Lottery (Lotex), known as “scratch ticket, from the National Privatization Program (PND). A decree with the measure was published this Thursday (29). During the government of Jair Bolsonaro (PL), there were two attempts to transfer the Instant Lottery to the private sector, but without success. In August 2023, a decree signed by President Luiz Inácio Lula da Silva (PT) made changes to the regulation of Lotex and paved the way for Caixa to resume this type of bet. The resumption of Lotex operations by Caixa was officially authorized by the Ministry of Finance at the end of December last year, for a period of 24 months. Tickets can be physical or digital. The government has already stated that it aims to raise R$ 3 billion per year with the return of scratch cards. According to the rules, the revenue obtained through scratch cards must be allocated as follows: 0.4% for social security; 0.9% for the Ministry of Sports; 0.9% for the National Culture Fund; 1.5% for sports entities that grant rights to use brands for betting; 13% to the National Public Security Fund; 18.3% for cost and maintenance expenses; 65% for the payment of premiums and income tax collection. VIDEOS: most watched on g1

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