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Winners share $3 billion in Spain's El Gordo lottery

El GordoEl Gordo: Winners share $3 billion in Spain's El Gordo lottery

MADRID, Spain — Economic woes eased for thousands in Spain on Monday as the Christmas lottery — billed among the world's richest — dished out some €2.32 billion (US$3.23 billion) in prizes.

The top prize of the lottery dubbed "El Gordo" (The Fat One) went to holders of tickets bearing the number 32365 — which appears on 1,950 tickets, each winning €300,000 (US$418,000). Thousands of others cashed in on runner-up prizes.

The top number was sung out at just after noon Monday by pupils of Madrid's Saint Ildefonso School in a nationally televised draw held each Dec. 22.

Rather than a single jackpot, the lottery aims for a share-out in which thousands of numbers yield at least some kind of return.

The draw brought scenes of jubilation across Spain.

In the central town of Soria, Ricardo Jimenez's bar sold all 1,950 of the third prize tickets, spreading some €97 million (US$135 million) among customers, family and friends.

Television images showed him being showered with sparking wine by celebrating clients.

"I'm still shaking," said Jimenez, who bought 15 tickets worth €750,000 (US$1 million) for himself. "But I'll keep on working. I'll share this with my three children."

Since it began in 1812, the Christmas lottery has become a favorite holiday tradition. This year, it sold an estimated €2.8 billion euros (US$3.90 billion) nationwide — nearly 3 percent down on last year.

The lottery starts at 9 a.m. (0800 GMT) and people throughout the country typically tune into the radio, television or Internet to find out if their number is called for a prize.

The 1,950 tickets with the top prize number were sold across seven of Spain's 52 provinces.

The state lottery agency estimates per capita spending of about 62 euros ($92) on the Gordo this year, down about 1 euro from 2007. Seventy percent of lottery sales goes back out in prizes, and 30 percent goes to the state.

Spain established its national lottery system as a charity in 1763, during the reign of King Carlos III, but its objective gradually shifted toward filling state coffers.

Spain holds another big lottery Jan. 6 to mark the Feast of the Epiphany. It is known as "El Nino" (The Child), in reference to the baby Jesus.

AP

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20 comments. Last comment 8 years ago by eddessaknight.
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grengrad's avatar - nw rogue.jpg
Raleigh
United States
Member #49057
January 17, 2007
172 Posts
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Posted: December 23, 2008, 9:10 am - IP Logged

Wow, what an awesome lottery, and 70% payout!

    justxploring's avatar - villiarna
    Wandering Aimlessly
    United States
    Member #25360
    November 5, 2005
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    Posted: December 23, 2008, 11:05 am - IP Logged

    Great story!  Now, speaking of national lotteries, wouldn't it be nice if one of the conditions of the bail out was for the rescued banks to give every taxpayer a lottery ticket?  Even with thousands of prizes and a 50% payout, they'd still have $175 million unaccounted for, but at least we'd know where half of the money went!  

                                                              Yes Nod

      Bradly_60's avatar - disney37
      Atlantic Mine, Michigan
      United States
      Member #416
      June 23, 2002
      1614 Posts
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      Posted: December 23, 2008, 1:02 pm - IP Logged

      This is a great game.  I wish we here in the US had something like this.  70% payout and they sell almost $4B in tickets.  Just insane!

       

      Brad

        justxploring's avatar - villiarna
        Wandering Aimlessly
        United States
        Member #25360
        November 5, 2005
        4461 Posts
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        Posted: December 23, 2008, 1:32 pm - IP Logged

        Great story!  Now, speaking of national lotteries, wouldn't it be nice if one of the conditions of the bail out was for the rescued banks to give every taxpayer a lottery ticket?  Even with thousands of prizes and a 50% payout, they'd still have $175 million unaccounted for, but at least we'd know where half of the money went!  

                                                                  Yes Nod

        Oops!   I meant $175 "billion"

          ThatScaryChick's avatar - x1MqPuM
          Idaho
          United States
          Member #56506
          November 21, 2007
          6537 Posts
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          Posted: December 23, 2008, 2:07 pm - IP Logged

          Very neat story! 3 billion dollars is a lot of money to give away.

          "No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."

            grengrad's avatar - nw rogue.jpg
            Raleigh
            United States
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            January 17, 2007
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            Posted: December 23, 2008, 2:59 pm - IP Logged

            $175 Billion could pay 1,750,000 people $100,000 each to put towards a house....

              BaristaExpress's avatar - BaristaExpressMX zpsfb0d8b5d.png
              Magnolia, Delaware
              United States
              Member #18795
              July 20, 2005
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              Posted: December 23, 2008, 4:16 pm - IP Logged

              Yeah it would be nice to have (a national lottery) something like that here in the United States! But our Government would have to tax it like it does the other lotteries! 25% off the top to Uncle Sam before you get your winnings and then at the end of the year pay up some more , of course it depends on your year end adjusted gross taxable income!

              This is for the Dreamers out there>>>  And if Uncle Sam makes an allowance for the national lottery (not taxing it), he will have to make the same allowance for the other lotteries as well and he isn't going to give up that huge CASH COW, now is he? NOPE, so forget a national lottery here in the United States!

              Keep dreaming the impossible dream, it just may come true! Thumbs Up

                Avatar
                atlanta ga
                United States
                Member #66652
                November 2, 2008
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                Posted: December 23, 2008, 4:23 pm - IP Logged

                sound good to me Yes Nod , sondra

                  Set4life's avatar - 2554
                  East Hampton, NY
                  United States
                  Member #41995
                  June 25, 2006
                  1137 Posts
                  Online
                  Posted: December 23, 2008, 4:30 pm - IP Logged

                  That must feel great, congrats to the winnersTroll

                       $Group Hug$

                       FOR THE WIN!

                    Amazing Grace's avatar - lion
                    rainbow lake
                    Canada
                    Member #25177
                    November 2, 2005
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                    Posted: December 24, 2008, 8:46 am - IP Logged

                    That must feel great, congrats to the winnersTroll

                    what are the odds of this happening??? :(

                    The 1,950 tickets with the top prize number were sold across seven of Spain's 52 provinces

                    In the central town of Soria, Ricardo Jimenez's bar sold all 1,950 of the third prize tickets, spreading some €97 million (US$135 million) among customers, family and friends.

                    Secret to $uccess=Law of Attraction

                      eddessaknight's avatar - nw paladin.jpg
                      LAS VEGAS
                      United States
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                      November 22, 2006
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                      Posted: December 24, 2008, 4:05 pm - IP Logged

                      WOW

                      Just recieved word, ostensibly on good authority from Velencia, that you have to be Spanish Born to claim a win on the big prize

                      What about foriegn ticket buyers etc?

                      Does that sound right???

                      Merry Christmas & Happy New Year all-

                      EddessaKnight Smile

                        time*treat's avatar - radar

                        United States
                        Member #13130
                        March 30, 2005
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                        Posted: December 25, 2008, 1:35 pm - IP Logged

                        Until reading this story, I always thought this was a 'scam' lottery.

                        Maybe it's just scammers using the name.

                        In neo-conned Amerika, bank robs you.
                        Alcohol, Tobacco, and Firearms should be the name of a convenience store, not a govnoment agency.

                          eddessaknight's avatar - nw paladin.jpg
                          LAS VEGAS
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                          November 22, 2006
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                          Posted: December 27, 2008, 4:59 pm - IP Logged

                          Hi All,

                          Unless you are a Spanish citizen you cannot collect large El Gordo prizes but you can win the other prizes. It's in the small print.

                          Don't you find it intriguing how often advertised  "offers" are made in large bold print but qualifying or consumer guarantee conditions are in very small print ??? 

                          Happy New Year Wishes,

                          EddessaKnight Smile


                            Canada
                            Member #68663
                            December 27, 2008
                            260 Posts
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                            Posted: December 27, 2008, 9:08 pm - IP Logged

                            Hi All,

                            Unless you are a Spanish citizen you cannot collect large El Gordo prizes but you can win the other prizes. It's in the small print.

                            Don't you find it intriguing how often advertised  "offers" are made in large bold print but qualifying or consumer guarantee conditions are in very small print ??? 

                            Happy New Year Wishes,

                            EddessaKnight Smile

                            Have you seen the fine print? Where is that information available?

                            Thanks