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This year Spain's El Gordo Lottery is bigger, richer, and more popular than ever! It is the biggest and richest lottery in the world, with a total yearly cash payout of $2.43 billion (USD). The jackpot ticket prize is $437 million (USD).
The El Gordo is drawn twice a year - July and the most popular draw in December where El Gordo will give away nearly $1.2 billion (USD) to those who hold a winning ticket. The tickets are limited and pre-printed, so you can't pick your own numbers and they always sell out!
To play, you must get in early.
There is a 1:6 chance of getting one of the 39,203 winning tickets this year! These are the best odds for a big win on any lottery.
The draw is made using two bowls or 'bombos', and can take about five hours from start to finish, but the whole country watches every single second and up to seventy-five percent of the Spanish population play it. One of the bowls contains the 66,000 possible numbers of the draw, and the other has a set of balls with the prizes.
Balls are extracted from both bowls simultaneously until all of the prizes have been won.
The sums of money are so large, it is not uncommon for entire villages, factories and extended families to come together to buy sets of tickets and then share the proceeds amongst all of the members. Over the years many Spanish businesses have either benefited or have been started as a result of winning a big prize in the El Gordo Lottery.
El Gordo (Spanish for 'the Fat One') is operated by Loterías y Apuestas del Estado and is backed by the full authority and support of the Spanish Government. You can only buy tickets through Spanish banks or through an online ticket purchasing service such as those on this website.
Quick Facts -
* Around 70% of all monies are returned to the players. Most US and European lotteries return only 45% to 55%.
* A $13,000,000+ cash, tax-free first prize.
* Lump-sum, all-cash payments of all prizes.
* No Spanish tax liability. No deductions from your winnings.
* Winnings can be transferred to your account anywhere in the world, in US$ funds or Euros.
* There are 39,203 different ways to win a prize.
* The odds of winning one of the prizes is 1:6
El Gordo The Fat One. Nothing even comes close! But dont forget - tickets are strictly limited, and there is no telling how long they will be available.
