Pix and Betting Accounts in Brazil (MP 1.394)
What MP 1.394/2026 says about betting-account funds in Brazil: refunds by transfer to the bettor’s own account (Art. 9) and a transaction ban (Art. 14).
On this page
Medida Provisória nº 1.394/2026 sets out transition rules for funds held in fixed-odds betting transactional accounts in Brazil, including bettor refunds. This page summarises only what the MP states.
Informational content, not legal advice. Always check the official text of the Medida Provisória.
New funds blocked (Art. 7, §1)
From the MP’s publication date, new funds are barred from entering operators’ transactional accounts, except amounts demonstrably from the redemption, maturity, disposal or liquidation of financial assets already invested, applied exclusively to meeting the refund obligations.
Two-day deadline for the operator (Art. 8)
After making the site or app unavailable, the operator has two days to ensure the availability and liquidity of the funds needed to fully refund bettors, and to send financial institutions the individualised list of bettors, identified by CPF, with the amounts to be refunded.
Seven-day refund by the financial institution (Art. 9)
Financial and payment institutions have seven days, from receiving that information, to fully refund the amounts owed to bettors, by transfer to an active account held by the bettor themself, identified by CPF — preferably the same account the funds came from.
Transactions blocked at payment institutions (Arts. 14–15)
Except for transactions needed to wind down operations and refund bettors, financial institutions, payment institutions and payment-arrangement operators — including instant payments — are barred from processing, settling or enabling transactions for fixed-odds betting lotteries. The Central Bank of Brazil will set up an electronic system to enable the rejection of transactions and the interbank return of funds linked to illegal fixed-odds bets.
Official sources
- Medida Provisória nº 1.394, of 25 September 2026 (planalto.gov.br)
- gov.br: check companies authorised to operate fixed-odds betting