OMG! world’s biggest lottery: Spain to give away USD 3 billion as reward
Many More People Who Bought USD 24 Tickets Will Take Home Smaller Amounts. Unlike Lotteries That Offer One Large Jackpot, Spain’s Christmas Season Lottery Distributes Winnings To Thousands.
PTI Madrid Updated on: 22 Dec 2014, 20:28 PM
The drawing is underway in Spain for the world’s biggest lottery payoff, a 2.5 billion-euro ($3 billion) pot of cash that will be divided among thousands of ticketholders.
The top prize for this year’s “El Gordo” (The Fat One) drawing are tickets that will win USD 490,000.
Many more people who bought USD 24 tickets will take home smaller amounts. Unlike lotteries that offer one large jackpot, Spain’s Christmas season lottery distributes winnings to thousands.
It’s the world’s richest lottery. Spaniards are glued to televisions as awards are announced in a program that often lasts four hours.
Before Spain’s economic implosion in 2008, winners often splurged on new cars, beach homes or vacations.
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First Published : 22 Dec 2014, 20:10 PM
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