Lula secured a 51.8% to 48.2% runoff victory over Flávio Bolsonaro on October 25, 2026, with a margin exceeding 4.4 million votes, prompting immediate recognition of the result by Brazil’s Superior Electoral Court and leading institutions. Flávio Bolsonaro refused to concede and announced plans to seek annulment, citing a Supreme Court justice’s last-minute nationwide two-hour voting extension ordered amid transport complaints. Analysts note the large margin, the fact that Bolsonaro’s own campaign sought localized extensions, and strict legal standards requiring proof that irregularities altered the outcome all reduce prospects for reversal. Institutional statements affirming the process and the absence of broader challenges further support trader expectations that annulment will not occur by year-end.
如果截至2026年12月31日 23:59 ET,10月25日巴西总统选举第二轮投票的结果被撤销,则本市场将结算为“是”。否则,本市场将以“否”结算。 如果巴西最高选举法院(Tribunal Superior Eleitoral)或巴西政府其他依法有权处理此事的官方机构正式宣布该选举结果无效,则该结果将被视为已废止。 如果巴西政府中依法有权裁决此事的官方机构已正式受理要求废止此次选举的案件,而截至 2026年12月31日, 23:59 ET 尚未作出裁决,则该市场可保持开放,直至以下时间较早者为止:(i) 公开宣布裁决,或 (ii) 2027年6月30日, 23:59 ET。 该市场将根据第一项符合条件且废止此次选举的裁决进行结算。后续上诉或质疑将不予考虑。 结算来源将是巴西政府的官方信息以及可信新闻报道的共识。
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