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Winners celebrate after winning Spain’s annual $2.4B ‘el Gordo’ lottery
“Your odds of being an El Gordo victor are about 1 in 100,000 per ticket”, one lottery website states, noting that between 80 and 98 percent of Spanish citizens play the lottery in some fashion.
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Pools of office workers and friends often split each number with the final prize being shared out accordingly.
The annual Christmas lottery known as “El Gordo”, literally translated to “The Fat One”, will take place on Tuesday, December 22.
“The El Gordo lottery pays out more lottery prizes than any other lottery draw in the world, which is why the Spanish Christmas lottery is the biggest lottery payout in the world”.
Ticket-holders in the coastal town of Roquetas de Mar are celebrating after they won first prize – and a share of €640m (£470m) – in Spain’s traditional “El Gordo” (The Fat One) lottery. There are also second prizes, third prizes, fourth prizes, and so on, worth anywhere from hundreds of thousands of Euros on down to €200 (the price of a single ticket). The tickets are usually sold in many different lottery sales points making it virtually impossible to win the entire 640 million euros assigned to the top prize number. Times have been hard in all of Spain recently, but they’ve been especially hard in Roquetas de Mar, a beach town of about 85,000 people, some 358 miles south of Madrid, on the Mediterranean Sea.
The town has an unemployment rate of over 30% – higher than the national average of 21% – and tourism and agriculture are the main industries.
Mayor Gabriel Amat told a local newspaper that he’s thrilled about the impact the massive lottery win will have on his town.
Across the nation, people stay glued to the television as lower level winning numbers are announced until El Gordo is sung out.
The winning numbers in the world’s biggest lottery were named Tuesday in what has become a yearly tradition in Spain around the holidays. It’s operated out of Spain, but anyone can buy a ticket online.
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Drawing for the lottery holds at the Royal Opera House in Madrid. This year, it’s too late for us to all buy tickets but next year?