In our study, seventy-two specimens from Brazilian herbaria, New Zealand Fungal and Plant Disease Collection-PDD Herbarium, and the New York Botanical Garden Herbarium under Morganella were analyzed, including the paratype of M. mexicana and holotypes of M. arenicola, M. albostipitata, M. compacta, M. nuda, M. rimosa, and M. velutina. Specimens were studied morphologically following the literature for Morganella genus and for DNA extraction, amplification and molecular analyzes following literature such as Bruns and Gradens, Martín and Winka. New sequences (ITS and LSU nrDNA) were obtained and compared with homologous sequences of GenBank. As a result of these analyses, a new Lycoperdon subgenus, two new species and five new combinations are proposed. A key is provided to the species studied in subgenera Arenicola and Morganella.