Current:Home > StocksSpain’s bumper Christmas lottery “El Gordo” starts dishing out millions of euros in prizes -TrueNorth Capital Hub
Spain’s bumper Christmas lottery “El Gordo” starts dishing out millions of euros in prizes
View
Date:2025-04-13 06:07:20
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! (92364)
Related
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Rep. Ronny Jackson was demoted by Navy following investigation into his time as White House physician
- Student loan borrowers may save money with IDR recertification extension on repayment plan
- Ariana Grande enlists a surprise guest with a secret about love on 'Eternal Sunshine'
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Remains of California Navy sailor killed in Pearl Harbor attack identified
- Australia man who allegedly zip tied young Indigenous children's hands charged with assault
- ‘Insure Our Future:’ A Global Movement Says the Insurance Industry Could Be the Key to Ending Fossil Fuels
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Rape survivor Brenda Tracy to sue Michigan State, Mel Tucker for $75 million in damages
Ranking
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Kylie Jenner Reacts to Critics Who Say Relationship With Timothée Chalamet Inspired Her New Look
- Rupert Murdoch engaged to girlfriend Elena Zhukova, couple to marry in June: Reports
- State of the Union highlights and key moments from Biden's 2024 address
- Trump issues order to ban transgender troops from serving openly in the military
- Evercross EV5 hoverboards are a fire risk — stop using them, feds say
- In State of the Union, Biden urges GOP to back immigration compromise: Send me the border bill now
- Love Is Blind's Jess Confronts Jimmy Over Their Relationship Status in Season 6 Reunion Trailer
Recommendation
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Kylie Jenner Reacts to Critics Who Say Relationship With Timothée Chalamet Inspired Her New Look
Rep. Ronny Jackson was demoted by Navy following investigation into his time as White House physician
Drugs, housing and education among the major bills of Oregon’s whirlwind 35-day legislative session
A White House order claims to end 'censorship.' What does that mean?
Akira Toriyama, legendary Japanese manga artist and Dragon Ball creator, dies at 68
Australia man who allegedly zip tied young Indigenous children's hands charged with assault
Halle Bailey tearfully calls out invasive baby rumors: 'I had no obligation to expose him'