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O primeiro concurso foi realizado em 1º de março de 2008.
Túlio (ex-volante do Botafogo), Lula e Bebeto de Freitas, quando💹 presidente do clube carioca, durante cerimônia de assinatura do decreto que regulamenta a Timemania.
A Timemania foi criada para ajudar os💹 clubes participantes a pagarem as suas dívidas com o governo brasileiro.
Do total arrecadado, os clubes recebem 22% que são destinados💹 ao pagamento de dívidas com o INSS, FGTS, Receita Federal e outros impostos devidos à União.
A Timemania funciona de maneira💹 similar a Lotomania, porém, em vez de escolher 50 números para acertar 20, escolhe-se 10 para acertar 7.
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