Federal Economic Bank or Caixa: That is the name of the largest 100% government-owned financial institution in Latin America. With its headquarters in the capital Brasília, Caixa, or CEF, is responsible for providing financial services to individual clients and companies throughout Brazil.
Caixa, or the Federal Economic Bank (CEF), not only serves as the primary financial instrument for managing public finances in Brazil, but also boasts a significant presence in areas such as pensions, credit, insurance, and capital market transactions, as well as supporting governmental services, promoting socioeconomic projects, and offering public services.
Despite these many functions, one of Caixa's most salient aspects remains its organization and management of national lotteries and games.
Loterias Caixa Hoje: Your Chance at Millions, Daily
Loterias Caixa Hoje (Caixa Lottery Today) is a daily lottery organized by Caixa, and is among the most popular games in the country. With a minimal wager allows players the opportunity to win vast sums, every day, the pot grows with increased anticipation.
The lottery can be played at any Caixa agent or booth, through the recently-launched online portal, as well as via SMS on your mobile phone. Loterias Caixa Hoje covers various lottery types, each with its own set of rules and awards. One of the most popular lotteries among Brazilians is the Lotofácil.
Lotofácil is a single and straightforward game that involves selecting six random numbers from between 1 and 25. Should a player luckily guess all winning numbers correctly, the highest payout is awarded.
Other popular games Caixa organizes include Mega-Sena (largest jackpot lottery), Dupla-Sorte, Loteca, Quina, and Timemania.
Caixa's Altruistic Side
While Caixa aims at profit realization, the bank has also taken on a social mission to bring about positive outcomes in Brazil. Caixa has specialized in offering social and cultural services since the 80s.
Cultural and social services provided by Caixa include:
- Public healthcare and social welfare programs;
- Empowerment of at-risk youth;
- Educational and sports programs;
- Managing large-scale arts events (for instance, biennial festivals of National Music and Dance).
While providing over 2 million families yearly aid through social housing projects, not only that, but Caixa takes on responsibility for the management of events and various educational and recreational activities.