The runoff is between Lula and Flávio Bolsonaro. Resolves YES if Lula wins the runoff and his share of the valid votes (votos válidos) is 52.00% or higher in the official results of Brazil's Superior Electoral Court (TSE). Resolves NO otherwise (including if Lula loses). Resolves N/A if the runoff is postponed beyond November 15, 2026. Trading closes October 25, 2026 at 12:00 Paris time, before polls close. The creator will not bet on this market.