Skip to main content

Spain's massive lottery awards billions

By Al Goodman, CNN
December 24, 2012 -- Updated 1459 GMT (2259 HKT)
  • Spain's annual Christmas lottery paid our $2.2 billion to thousands of winners
  • The biggest prize -- El Gordo -- was won by residents in Alcala de Henares
  • The lottery intake was $3.2 billion, but the government keeps 30%
  • Spaniards spent less on lottery tickets this year

Madrid (CNN) -- In Spain's deep economic crisis, the lucky ones could hardly believe their good fortune on Saturday --- holding a $26 share of a winning lottery ticket pays out a return of $528,000.

The country's annual Christmas lottery pays out this year $2.2 billion to thousands of winners, but those holding the winning number for the top prize -- 76058 -- for El Gordo, or "the fat one," reaped the biggest rewards, according to Spain's state-run lottery.

The first prize paid $950 million overall, or 43 percent of the total prizes, and most of "El Gordo" was won by some residents of the historic university town of Alcala de Henares, just east of Madrid, the lottery administration said.

There, in a working class neighborhood with public housing and many immigrants, Spanish media reported that champagne bottles were popping at the lottery office that sold many of the winning tickets.

Spaniards typically buy a share of a ticket, among friends or family, at the local bar or workplace, so the joy was spread around.

Is praying for a lottery win frowned upon? Depends on who you ask

A man in Alcala de Henares bought 10 shares -- an amount known as a "full ticket," and now worth $5.2 million -- and had given them away other family members. One recipient, the father of a young child, said he would try to buy a decent home and a car.

Another winner was a cafe owner who said he'd still probably open for business on Monday, after going to collect his earnings at the bank, Spanish media reported.

The second biggest prize mostly went to residents in the town of Aranda de Duero, north of Madrid. Numerous towns across the nation also got a piece of the action, and some portions of the top El Gordo prize were sold in 15 Spanish provinces.

But Spain's recession and the unemployment rate that tops 25% clearly had an impact on the lottery intake this year.

Spaniards spent 8% less on lottery tickets this year than last, with the average Spaniard laying out only $68 for lottery ticket shares, down from $73 last year, the lottery administration said.

The biggest winner is the state, which keeps $976 million, or 30% of the entire lottery intake, which reached $3.2 billion this year. The remaining 70% was distributed for prizes.

This was the last year that Christmas lottery winnings over $3,300 will be tax free. Next year, anyone winning $3,300 or more will see their good fortune taxed at 20 percent, making the cash-strapped Spanish government even a bigger winner.

Clock ticks on unclaimed £64 million lottery ticket

Part of complete coverage on
February 6, 2013 -- Updated 1526 GMT (2326 HKT)
Advocates say the exam includes unnecessarily invasive and irrelevant procedures -- like a so-called "two finger" test.
February 6, 2013 -- Updated 0009 GMT (0809 HKT)
Supplies of food, clothing and fuel are running short in Damascus and people are going hungry as the civil war drags on.
February 6, 2013 -- Updated 1801 GMT (0201 HKT)
Supporters of Richard III want a reconstruction of his head to bring a human aspect to a leader portrayed as a murderous villain.
February 5, 2013 -- Updated 1548 GMT (2348 HKT)
Robert Fowler spent 130 days held hostage by the same al Qaeda group that was behind the Algeria massacre. He shares his experience.
February 6, 2013 -- Updated 0507 GMT (1307 HKT)
As "We are the World" plays, a video shows what looks like a nuclear attack on the U.S. Jim Clancy reports on a bizarre video from North Korea.
The relationship is, once again, cold enough to make Obama's much-trumpeted "reset" in Russian-U.S. relations seem thoroughly off the rails.
Ten years on, what do you think the Iraq war has changed in you, and in your country? Send us your thoughts and experiences.
February 5, 2013 -- Updated 1215 GMT (2015 HKT)
Musician Daniela Mercury has sold more than 12 million albums worldwide over a career span of nearly 30 years.
Photojournalist Alison Wright travelled the world to capture its many faces in her latest book, "Face to Face: Portraits of the Human Spirit."
February 6, 2013 -- Updated 0006 GMT (0806 HKT)
Europol claims 380 soccer matches, including top level ones, were fixed - as the scandal widens, CNN's Dan Rivers looks at how it's done.
February 6, 2013 -- Updated 1237 GMT (2037 HKT)
That galaxy far, far away is apparently bigger than first thought. The "Star Wars" franchise will get two spinoff movies, Disney announced.
July 25, 2014 -- Updated 2327 GMT (0727 HKT)
It's an essential part of any trip, an activity we all take part in. Yet almost none of us are any good at it. Souvenir buying is too often an obligatory slog.