Companies that distribute money or products through lotteries and sweepstakes must now keep records of prizes paid above the income tax exemption threshold. This is determined by a bill approved by the Finance and Taxation Committee of the Chamber of Deputies. The objective is to prevent the crime of money laundering or concealment of assets, rights and values.
According to the project, the registration must contain information about the winner (name, identification document, CPF), prize details (type of lottery, contest date, value, description and payment method), and payer data (company name, CNPJ, addresses and identification of those responsible).
In addition, companies must also keep this information for at least five years after the delivery or payment of the prize.
Project aims to protect lotteries and raffles
According to the text, the anonymity of the winner of any federal or state lottery remains guaranteed, regardless of the prize amount. However, it prohibits the use of the winner’s name or image in advertising without their express consent. Any requirement on lottery tickets that obligates the winner to participate in advertising to receive the prize is prohibited.
Therefore, for the project’s rapporteur, Representative Florentino Neto, the rules aim to protect the lottery and raffle system.
“The implementation of more specific rules is combined with regulatory precautions that aim to protect the lottery and sweepstakes system from illicit use, without compromising the normal operation and experience of legitimate users,” the congressman argued.
Florentino Neto opposed proposals that would require bettors to be identified by their CPF when placing a bet, or that would require information about winners to be disclosed.
Next steps of the project
The proposal will be reviewed conclusively by the Constitution, Justice, and Citizenship Committee. It will then proceed to the plenary. To become law, the text needs approval from the Chamber of Deputies and the Senate.