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

Dec 23, 2008, 9:06 am (20 comments)

El Gordo

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

Comments

grengrad's avatargrengrad

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

justxploring's avatarjustxploring

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 avatarBradly_60

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 avatarjustxploring

Quote: Originally posted by justxploring on Dec 23, 2008

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 avatarThatScaryChick

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

grengrad's avatargrengrad

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

BaristaExpress's avatarBaristaExpress

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!

sondra

sound good to me Yes Nod , sondra

Set4life's avatarSet4life

That must feel great, congrats to the winnersTroll

Amazing Grace's avatarAmazing Grace

Quote: Originally posted by Set4life on Dec 23, 2008

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.

eddessaknight's avatareddessaknight

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 avatartime*treat

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

Maybe it's just scammers using the name.

eddessaknight's avatareddessaknight

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

Mario38

Quote: Originally posted by eddessaknight on Dec 27, 2008

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

eddessaknight's avatareddessaknight

Hi Mario, et al-

Re: El Gordo,

My source for this information is a trusted correspondent in Valencia, Spain who participates in this lottery, Unless I read otherwise I will accept his ticket reading as vaild.

Are you in Spain"

Understand there is another El Gordo on or about Epihany January 6th.

Perhaps some Spanish LB memeber can kindly report directly on this matter.

Good Luck,

EddessaKnightSmile

Mario38

Where is the split between high prizes and low prizes for the "only Spanish winners" rule. Can your friend scan a ticket with the rules and post or email. Thanks.

eddessaknight's avatareddessaknight

Hi Mario, et al-

Here is the reply I recievd directly from Valencia, Spain on the famous El Gordo


"I don't have anything to send you. The fact is it is in Spanish and they would not be able to understand it anyways. This info comes from Spanish natives. If your friends want to think their leg is being pulled let them. Spain is a very closed and not friendly to foreigner society. Basically they make everything as hard as possible for non-Spaniards all the time. Frankly, I don't like it very much. For example if I lived in Germany, I could walk into the office with my MA drivers licence and get an EU one. Here, I have to pay over a 1000euros to go to driving school and then maybe pass a test in Spanish. The list goes on and on. As somebody very wise told me, Europe starts at France."

Went on with the US Dept of State and here is the unbelivable but  direct confirmation about Spanish residency requirements:

"In order to enter and win “El Gordo,” you must be a resident of Spain and purchase your ticket within the country.  Keep in mind YOU CANNOT WIN IF YOU DID NOT BUY A TICKET!   You must purchase your entry to the drawing in Spain in order to win.  It is against U.S. federal law to play a foreign lottery through the mail or over the phone."

 

http://travel.state.gov/travel/cis_pa_tw/cis/cis_2475.html

 

~

Don't buy any wooden El Gordo tickets Wink

EddessaKnight

US Flag

diamondpalace's avatardiamondpalace

This makes America look bad in lottery play. We need to have something like this, it would deffinately help out a lot of people during this economy time.

Mario38

Thanks for the response but I find it very confusing. He says he has nothing to send but then goes on to say that "it" is in Spanish and we would not be able to understand it. Whatever "it" is. Sound like he does have something to send. A lot of people in North America can speak, read and write Spanish. It is a very popular language.

He goes on to say that you must be a resident of Spain to play. But for how long? Can one live in Spain for 1 year and then buy a ticket? How about 3 months. How about a tourist staying in Spain for a 2 week vacation. Are they not residing in Spain?

eddessaknight's avatareddessaknight

Mario, et al-

I peronally went online  with the US Dept of State and here is the unbelivable but  direct confirmation about Spanish residency requirements for El Gordo:

"In order to enter and win “El Gordo,” you must be a resident of Spain and purchase your ticket within the country.  Keep in mind YOU CANNOT WIN IF YOU DID NOT BUY A TICKET!   You must purchase your entry to the drawing in Spain in order to win.  It is against U.S. federal law to play a foreign lottery through the mail or over the phone."

 The above quotation is a specific Dept of State advisory on El Gordo, if you want more confirmation, check on their link below or write to the El Godo lotto authority directly in Spanish

http://travel.state.gov/travel/cis_pa_tw/cis/cis_2475.html

 

to win the BIG prize (the GRAND prize) you not only have to be a resident of Spain, but you have to be a naturalized born citizen. Again this is what my Spanish friends have told me in Valencia but those who are Spanish literate can contact El Gordo authorities for verification and report back to LB.

Good Luck.

EddessaKnight

End of comments
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