JUE 28 DE NOVIEMBRE DE 2024 - 15:51hs.
4.5% less than same period of 2020

Caixa transferred US$19.8m to Brazil Olympic Committee in 1Q 2021

According to journalist Ancelmo Gois' blog in O Globo, a survey carried out by Caixa shows that, between 2015 and March 2021, US$300m were transferred to the Brazil Olympic Committee (COB) and US$ 152.7m to the Paralympic Committee (CPB), relating to games of chance of the Bank. Only considering 2021, between January and March, US$12.8m were transferred to the COB and US$7m to the CPB.

Doctor Lotto, a Brazilian portal specializing in lottery content, made a survey with the Mega-Sena data in 2021. Between January and March, the biggest lottery in Brazil transferred US$3.75m to the COB and US$2.08m to the CPB.

Caixa has not yet released data for the second quarter of this year, but according to Doctor Lotto estimations, only Mega-Sena managed to allocate US$4.55m to the COB and US$2.52m to the CPB.

The transfer from Caixa to the Brazilian Olympic Committee and to the Paralympic Committee of Brazil was 4.5% lower in 2021 compared to the previous year.

The Agnelo Piva Law allocates to the Brazilian Olympic Committee 1.73% of the result of the gross collection of all lotteries, such as Mega, Quina, Lotofácil, Lotomania, etc. In other words, every contest that the player bets on, 1.73% goes to the development of Brazilian athletes.

In a quick example, if a customer plays R$100 (US$19.4) in the lottery, at least R$1.73 (US$0.33) are destined for Team Brazil.

To give an idea of the importance of the law, the value of lotteries almost entirely finances Olympic sport in Brazil. About 95% of everything the COB receives comes from lotteries. In 2020, this value was approximately R$322 million (US$62.45m).

Almost 0.96% of the amount collected from lotteries goes to the Brazilian Paralympic Committee to assist in the development of sports for people with disabilities.

Source: GMB