The annual Christmas lottery known as “El Gordo”, literally translated to “The Fat One”, will take place on Tuesday, December 22.
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El Gordo is the live televised draw grasps the country, as well as the planet ‘s largest Christmas lottery.
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The top prize for this year’s win is being capped at R6.5 million, with the remain part of the honeypot allowed for multiple draws and thousands of winners.
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With wide smiles, elated lottery winners popped corks on bottles of sparkling wine Tuesday in the southern beach city of Roquetas de Mar, where tickets bearing the top prize number in Spain’s Christmas lottery were sold. Because the price of a single ticket (€200, or about $219) is so expensive, Spaniards pool their money to buy tickets – and share the wealth, should their number come up. The drawing is broadcast nationally, gluing hope-filled Spaniards to radio and TV sets for hours as winning numbers are called out.
“The biggest winning ticket of the “el Gordo” Spanish Christmas is usually worth about 3 million euros in total, but what makes the Spanish Christmas lottery the biggest in the world, is that there are many winning numbers with prizes of smaller amounts”, according to travel website Barcelona Yellow. The economy is still fragile and unemployment hovers around 21 percent. While lottery winners used to buy apartments or new cars during Spain’s boom years, many winners hurt by the economic crisis now use winnings to pay off debt. “It’s very important for the town, especially in the hard times we’ve been facing”.
It is also one of the oldest lotteries in the world: the Spanish Christmas lottery began in 1812 and was held for charity. Queues form outside lottery stores weeks ahead of the draw. It also offers several hundred ways to win, giving ticket buyers that much more to hang on to when they dream of winning to fat, top prize.
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Then, in 1994, somebody for the first time won a lottery prize with a ticket sold in Sort.
