Spain: 75% of Spaniards have played the recent draw of the  ‘el Gordo’ X mas lottery of SELAE – Business Insider

Spain: 75% of Spaniards have played the recent draw of the ‘el Gordo’ X mas lottery of SELAE – Business Insider

MADRID (AP) — Spaniards are taking advantage of unseasonably warm weather and a “day of reflection” break in political campaigning ahead of a general election to buy tickets for the world’s richest lottery.

Long lines formed Saturday as people hoped to buy a winning share in Spain’s Christmas lottery, known as El Gordo (the Fat One), which will hand out 2.24 billion euros ($2.43 billion).

It’s estimated that three-quarters of Spain’s 46 million people will take part in Tuesday’s lottery.ap_557871573184

The Yuletide tradition dates to 1812. The drawing is broadcast nationally, gluing hope-filled Spaniards to radio and TV sets for hours as winning numbers are called out.

Unlike lotteries offering one large jackpot, El Gordo keeps the top prize at 400,000 euros ($435,000), enabling thousands of ticket-holders to be winners.

Source: ‘El Gordo,’ Spain’s $2.4 billion Christmas lottery, draws thousands – Business Insider