Current:Home > StocksSpain’s bumper Christmas lottery “El Gordo” starts dishing out millions of euros in prizes -Intelligent Capital Compass
Spain’s bumper Christmas lottery “El Gordo” starts dishing out millions of euros in prizes
View
Date:2025-04-19 17:15:32
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! (65)
Related
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- If you got inflation relief from your state, the IRS wants you to wait to file taxes
- Inside Clean Energy: What We Could Be Doing to Avoid Blackouts
- The Senate’s New Point Man on Climate Has Been the Democrats’ Most Fossil Fuel-Friendly Senator
- Meta releases AI model to enhance Metaverse experience
- Inside Clean Energy: What We Could Be Doing to Avoid Blackouts
- Saying goodbye to Pikachu and Ash, plus how Pokémon changed media forever
- Inside Clean Energy: The Racial Inequity in Clean Energy and How to Fight It
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Britney Spears Says She Visited With Sister Jamie Lynn Spears After Rocky Relationship
Ranking
- The White House is cracking down on overdraft fees
- Biden says he's serious about prisoner exchange to free detained Wall Street Journal reporter Evan Gershkovich
- Latest on Ukraine: EU just banned Russian diesel and other oil products (Feb. 6)
- Restaurants charging extra for water, bread and workers' health plan
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Trump sues Bob Woodward for releasing audio of their interviews without permission
- Paravel Travel Must-Haves Are What Everyone’s Buying for Summer Getaways
- 14 Gifts For the Never Have I Ever Fan In Your Life
Recommendation
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Larry Birkhead Shares Rare Selfie With His and Anna Nicole Smith’s Daughter Dannielynn
Hundreds of ready-to-eat foods are recalled over possible listeria contamination
Global Climate Panel’s Report: No Part of the Planet Will be Spared
This was the average Social Security benefit in 2004, and here's what it is now
A century of fire suppression is worsening wildfires and hurting forests
Taylor Swift and Gigi Hadid Prove Their Friendship Never Goes Out of Style in NYC
Taylor Swift and Gigi Hadid Prove Their Friendship Never Goes Out of Style in NYC