El Gordo Lottery (The Fat One)
Christmas El Gordo lottery is the most time-honoured lottery draw in Spain with the large majority of the country’s population participating. Believe it or not, this draw has turned out to be a national activity with 98% of Spain’s inhabitants playing. This is not really surprising when you consider that the El Gordo lottery is the largest prize fund lotto game globally.
The typical Spaniard spends around €73 in the Christmas draw and in 2008 the prize fund is anticipated to surpass a staggering €2.20 billion.
Here are a number of major features of the El Gordo lottery…
· In excess of 13,000 prizes are paid out.
· It is operated by the Spanish Government.
· There is an outstanding 1 in 6 chance of grabbing a cash prize.
· All prizes are paid out straight away and are free of tax for Spain’s citizens.
· 70% of the money brought in by the sale of tickets are paid out in prize money.
Since way back in December 1812 the Christmas El Gordo lottery has followed exactly the same procedure every year. Two big sphere-shaped vessels are used; one of them contains tens of thousands of small wooden balls representing all ticket numbers; the other one contains fewer wooden balls representing the prizes to be drawn. In the Lotería Nacional hall in Madrid, students of the San Ildefonso School (formerly reserved for orphans of public servants) draw the numbers and corresponding prizes, singing the results audibly to the considerable on looking crowd while Spanish radio and television stations transmit the occasion.
Due to the considerable quantity of numbers and prizes, this process takes approximately 3 hours to complete. In recent years, in excess of 4,800 individual numbers have scooped at least €1,000 per billete (€100 per décimo) in the Christmas El Gordo lottery draw. The individuals who are not lucky enough to grab one of the many prizes time and again come out with the typical comment that “it’s health that really matters”. Players who only win their entry fee back will frequently re-invest the winnings in a ticket for El Niño, the second most important draw, which takes place on the 6th of January each year.
The two container routine is the traditional procedure of drawing the numbers in Spanish lotteries but this approach is now set aside solely for the celebrated Christmas lottery draw. The remainder of the weekly and 5 other yearly El Gordo lottery draws utilize five vessels with 10 balls in each, from where the winning numbers are selected.
Lottery retailers in Spain mostly only sell tickets for one or two numbers, so the winners of the largest prizes often reside in the same city or region or work for the same business. In 2005, the winning number was sold in the town of Vic in Catalonia (population 37,825), whose citizens won around €500 million.
Traditionally, you could only take part in the El Gordo lottery if you were a citizen of Spain. However, with the introduction of lottery ticket sales agents you are now able to partake in this internationally renowned Spanish national lottery regardless of where you reside in the world. Some worldwide El Gordo syndicates have also been introduced to not only allow more people access to this lotto but to boost their probability of collecting cash prizes also.
Join BigFatLottos El Gordo Lottery Syndicate today
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