Brazil’s Federal Revenue has confirmed that betting winnings from 2025, as well as remaining balances held in betting accounts, must be declared in the 2026 income tax return in Brazil.
Under the new rules, individuals who earned more than BR28,467.20 from sports betting and fixed-odds lottery products over the course of the year are required to report these amounts.
The obligation applies across all operators and includes both realised gains and funds still held in betting platforms at the end of the year.
According to José Carlos da Fonseca, a supervisor at the tax authority, taxpayers must calculate and pay any applicable tax before including the information in their annual return.
A dedicated section has been added to the filing system, alongside an online form available through the Federal Revenue platform.
The filing window is set to run from 23 March to 29 May, with the tax authority expecting approximately 44 million submissions. Late filings will incur penalties starting at BR165.74 and reaching up to 20% of the total tax due.
Additional updates to this year’s declaration process include the option to use a social name, expanded pre-filled data and a reduction in the number of refund batches from five to four.
This development follows wider efforts to channel betting-related revenues into public initiatives, including the creation of a federal university of sport supported by betting funds.
The inclusion of betting-related income reflects the formalization of the sector in Brazil’s tax framework, as authorities continue to integrate gambling activity into financial reporting and compliance structures.
Sports and tourism accounted for over 60% of betting-derived public funding allocations in Brazil in 2025
