Current:Home > StocksSpain’s bumper Christmas lottery “El Gordo” starts dishing out millions of euros in prizes -Wealth Legacy Solutions
Spain’s bumper Christmas lottery “El Gordo” starts dishing out millions of euros in prizes
PredictIQ Quantitative Think Tank Center View
Date:2025-03-12 01:31:34
MADRID (AP) — People across Spain are tuning into the television, radio and internet as children from Madrid’s San Ildefonso school Friday began singing out the prize-winning numbers in Spain’s huge Christmas lottery, known as “EL Gordo” (the fat one).
The immensely popular lottery will distribute a total of 2.6 billion euros in prizes this year, much of it in small prizes. Holders of 20-euro tickets bearing the top-prize number will receive 400,000 euros ($440,000).
Street and bar celebrations normally break out with winners uncorking bottles of sparkling wine and singing and dancing.
The event is televised nationally from Madrid’s Teatro Real opera house.
Purchasing and sharing tickets, known in Spanish as “décimos” (tenths) in the run-up to Christmas is a major tradition among families, friends, co-workers and in bars and sports and social clubs.
The winning numbers are called out by children from Madrid’s San Ildefonso school. The children pick up balls showing ticket numbers and their corresponding prizes from two giant rolling drums. They sing out both figures with a rhythmic cadence that is known to everyone in Spain.
In the weeks beforehand, queues form outside lottery offices, especially those which have sold prize-winning tickets in the past.
Other lotteries have bigger individual top prizes but Spain’s Christmas lottery, held each year on Dec. 22, is ranked as the world’s richest for the total prize money involved.
Spain established its national lottery as a charity in 1763 during the reign of King Carlos III. Its objective later became to shore up state coffers. It also helps several charities.
The Dec. 22 lottery began in 1812. Since the beginning, the San Ildefonso college children have been singing the prizes.
veryGood! (4362)
Related
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Prince’s puffy ‘Purple Rain’ shirt and other pieces from late singer’s wardrobe go up for auction
- Why Fans Think Kate Beckinsale Dressed as Titanic Diamond for Leonardo DiCaprio's Birthday Party
- Mercedes-Benz, Honda, Tesla among 48,000 vehicles recalled: Check car recalls here
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Titanic first-class menu and victim's pocket watch each sell at auction for over $100,000
- NFL Week 10 winners, losers: Jets' season is slipping away
- Parents of Michigan school shooter will have separate trials, judge says
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Can little actions bring big joy? Researchers find 'micro-acts' can boost well-being
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Jewish protesters and allies block Israeli consulate in Chicago, demanding a cease-fire in Gaza
- A missing sailor’s last message from Hurricane Otis was to ask his family to pray for him
- Defense digs into Manuel Ellis’ drug use at trial of Washington officers accused in man’s death
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- 2 men released from custody after initial arrest in the death of a Mississippi college student
- Ford opens exclusive Bronco Off-Roadeo courses to non-owners for first time
- Retired NASCAR driver Kevin Harvick buys 'Talladega Nights' mansion, better than Ricky Bobby
Recommendation
The White House is cracking down on overdraft fees
Texas A&M needs a Jimbo Fisher replacement. These coaches are the five best options
Who is Emma Hayes? New USWNT coach will be world's highest-paid women's soccer coach
Israel says Hamas is using Gaza’s biggest hospital for cover. Hundreds of people are trapped inside
Intellectuals vs. The Internet
Russian UN envoys shoot back at Western criticism of its Ukraine war and crackdown on dissidents
Drake announces new It's All a Blur 2024 concert tour with J. Cole: Tickets, dates, more
At least four people stabbed at Louisiana Tech University in Ruston; suspect in custody