December 23, 2012 in Nation/World

Spaniards cheer ‘El Gordo’ fortunes

Associated Press

MADRID – Winners of Spain’s cherished Christmas lottery – the world’s richest – celebrated Saturday in more than a dozen locations where the top lucky tickets were sold, a moment of uplift for a country enduring another brutal year of economic hardship.

The lottery sprinkled a treasure chest of $3.3 billion in prize money around the country. Champagne corks popped and festive cheer broke out in 15 towns or cities where tickets yielding the maximum prize of $530,000, known as “El Gordo” (“The Fat One”), had been bought.

A total of $687 million was won in the eastern Madrid suburb of Alcala de Henares alone. Among the top-prize winners were 50 former workers at metal parts factory Cametal who had formed a pool to buy tickets. Their company had filed for bankruptcy and ceased paying wages five months ago.

Unlike lotteries that generate a few big winners, Spain’s version – now celebrating its 200th anniversary – has always shared the wealth more evenly instead of concentrating on vast jackpots, so thousands of tickets yield some kind of return.

Almost all of Spain’s 46 million inhabitants traditionally watch at least some part of the live TV coverage showing schoolchildren singing out winning numbers for the lottery.

It is so popular that frequently three $26 tickets are sold for every Spaniard and many consider lottery day as the unofficial kickoff of the holiday season.

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