El Gordo lottery jackpot will rise to EUR 3m

19th October 2005, Comments 0 comments

19 October 2005, MADRID — Spain’s traditional Christmas lottery, called El Gordo or the Big One, for the size of the winnings, is to get even bigger.

19 October 2005

MADRID — Spain’s traditional Christmas lottery, called El Gordo or the Big One, for the size of the winnings, is to get even bigger.

Prize money will rise from EUR 2 million to EUR 3 million – an increase of 50 percent, according to the director general of State Lotteries, Jesús Evangelio.

But for hopeful lottery players, the price of the tickets will not go up, he added.

They will also add some other large prizes which will be up for grabs apart from El Gordo itself.

El Gordo, which is always drawn on 22 December, is a national tradition in Spain, one of the biggest gambling countries in the world.

In effect, though El Gordo is one of the biggest lotteries in the world, most of the prize money is divided up through a complex system.

Evangelio said more tickets for El Gordo will be sold  this year - between 66,000 and 85,000.

But 70 percent of the prize money will be shared out, so it is unlikely that anyone will walk away with the EUR 3 million jackpot.

[Copyright EFE with Expatica]

Subject: Spanish news 

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