Russia’s Lottery Tax Reform and Budget Implications
The Ministry of Finance is planning to nearly double the projected budget revenues from lotteries, aiming for 5.7 billion rubles. Analysts note that passing the proposed bill would boost public investment in sports development across the country. This summary reflects the document and its key financial implications.
The draft legislation suggests adjusting how taxation is applied to lottery operators. Currently, operators contribute 10% of the difference between gross revenue and the prize fund to the treasury. If the bill is enacted, the rate would shift to 5% of total revenue starting January 1, 2025, with a further increase to 6% from 2026 onward. The adjustment marks a move away from margin-based taxation toward a revenue-based model.
According to the document, these changes would lift budget revenues to about 4.8 billion rubles in 2025 and 5.7 billion rubles in 2026. Historical projections show revenues averaging around 3.2 billion rubles in 2023 and 2.9 billion rubles in 2022, underscoring a trend of rising intake as the tax framework evolves.
The Ministry of Finance intends to allocate the additional funds toward socially important projects, including physical education programs, elite sports initiatives, and reserve training systems. The goal is to strengthen national sports infrastructure and support talent development across multiple levels of competition and training. This approach aligns with broader public objectives to improve health, athletic excellence, and long-term resilience in sports through targeted investment.
In related news, Stoloto representatives indicated ongoing discussions with Tyumenets, the New Year’s lottery winner who secured 1 billion rubles. These conversations reflect the ongoing cycle of lottery participation, winnings, and the resulting fiscal contributions to state programs.
Earlier, the Ministry of Finance provided clarifications on the 2024 budget expenditures, outlining allocations to economic and defense priorities. The updated projections and policy changes demonstrate the government’s intent to balance revenue growth with strategic investments in public welfare and national competitiveness.
Notes: The information above is based on the official document released by the Ministry of Finance and related public statements. Citations: Ministry of Finance release on lottery taxation and budget projections; statements from Stoloto about ongoing case discussions; general budget briefing materials.