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$3 Billion Lottery Prizes Edit
'El Gordo' Spanish Christmas Lottery

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$3 Billion Lottery Prizes - 'El Gordo' Spanish Christmas Lottery
'El Gordo' Spanish Christmas Lottery
 Published: Nov 26, 08
 Views: 1,120

The Spanish Christmas Lottery prize, El Gordo, the ‘big one’, is the largest lottery in the world, with a prize pool this year of U.S. $3 billion (€2.3 billion).

Getting in on the action isn’t cheap. Tickets are €200 each, but they are also sold in décimos at €20 each, which accordingly only pay out 10% of the win.

The odds of some sort of win are good though, with around 18% of participants winning something.

Apparently 98% of Spaniards have a stake in El Gordo, and on average they each spend around €70 each on tickets.

References:  holavalencia.net

Filed In:  holiday,  life,  lifestyle,  news,  special,  world






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Favorited by carlota castro on Nov 27, 08

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$3 Billion Lottery Prizes