The concession term is 15 years. It represents the break of a year monopoly of the national lottery industry. The state's first auction was scheduled for Junebut no one submitted a bid. The collection of these resources is directed as a source of funding for a series of public policies, such as safety, sports and culture, for example. Today, the lottery modalities explored in the country are: numerical predictions in which the player tries to predict which will be the numbers drawn in the next contest, such as Mega Sena and Quina, for example and sports forecasts in which the player tries to predict the result of sports games, but the gain is only known after the completion of sporting events, such as Loteca and Lotogol, for example. Another possibility - not yet officially operated in Brazil and which is currently being regulated by the Ministry of Economy - is the fixed-odds sports betting which, at the time of betting, the player already knows how much he can win in the event of a hit. The Instant Lottery, which from next year will be operated by the auction-winning private company, was operated by Caixa until The winning company will operate LOTEX nationwide, through physical retailers and electronic channels such as the internet and smartphones.
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IGT-Scientific Games consortium won LOTEX concession in historic auction
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