The collection of federal lotteries increased by 8.1% in 2017 in nominal terms compared to 2016 (US$4.05 billion). In real terms, the increase was 5.1%. With the highest collection, the transfer of resources to social programs increased, from US$18 billion to US$1.89, a nominal increase of 5.7% and 2.7% in real terms, according to the Bulletin produced by the Secretariat of Economic Monitoring of the Ministry of Finance (SEAE).
The Lottery Market Monitoring Bulletin is a quarterly publication of the Ministry of Finance's Secretariat for Fiscal, Energy and Lottery Monitoring (Sefel), with the purpose of showing, quarterly, numbers and statistics of lottery products regulated at the federal level.
Of the collections and real rate of growth
Chart 1 shows that federal lottery revenues increased from US$819 million in the first quarter of 2017 to US$960 million in the first quarter of 2018; an increase of 18.2% in this period, in nominal terms. Comparing the ratio between gross domestic product (GDP) and gross domestic product (GDP), there was also an increase, since in the first quarter of 2017 it was at the level of 0.17% of GDP, and in the same quarter in 2018 it reached 0.19% of GDP.
In the quarterly real collection of federal lotteries, comparing the first quarter of 2017 with its equivalent in 2018, there is a real increase of 15%, jumping from US$819 million in 2017 to US$960 million in 2018. Thus, after a long period of stable or declining over time, real quarterly revenue returned to the level of collection of 2015.
As there are no marketing optimization strategies or new products, the collection of federal lotteries responds "only" to economic fluctuation. When the economy improves, revenue increases; when it worsens, real revenues decrease or remain stable over time, as shown in Chart 1.
With the increase of the collection in the first quarter of 2018, in relation to the same period of the previous year, there was a greater transfer of lottery resources to the social programs and increase of the collection of the Income Tax with the awarded award. In fact, social transfers increased by approximately 15% between the first quarter of 2017 (US$412 million) and that of 2018 (US$476 million). Considering the last five years, social transfers have fallen by 2.3%, on average, quarterly in real terms.
In real terms, the first quarter of 2018 represented the turning point in relation to the fall that occurred since 2014, since in the first quarter of 2017 it was at the level of US$412 million and, in the first quarter of 2018, jumped to US$476 million, increasing by 15.4%.
Source: GMB / SEFEL
