El Gordo Lottery | Biggest Global Lotto Game

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If this is the first time you have heard about the El Gordo lottery, let me highlight just how crucial this lottery is to a large percentage of Spaniards. The El Gordo lottery has been a national obsession in Spain since 1812 with massive interest generated by the Christmas draw each year. Believe it or not, 98% of the population play this Spanish National lottery every Christmas.
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There are a number of fundamental reasons why so many Spanish nationals partake in the Christmas El Gordo draw. Firstly, there is the incentive of the biggest lotto prize fund of any worldwide lotto game – 2.20 Billion Euros! Secondly, there are more than 13,000 cash prizes available. Finally, the likelihood of scooping a cash prize in the Christmas draw is an excellent 1 in 6.

With the amount of interest that is paid to the Christmas El Gordo lottery draw, lots of individuals are unaware that there are five more El Gordo draws every year as well. These take place in January, March, May, July and November. While these 5 games don’t enjoy the massive prize fund of the Christmas game, they are substantial nonetheless, ranging from 78 million Euros to 655 million Euros. Furthermore, these games offer roughly three times as many prizes as the Christmas draw and odds of picking up a cash prize of a hugely achievable 1 in 3.

The Spanish Christmas Lottery operates in a different way to nearly all other international lotteries. A complete ticket ‘billete’ is very pricey, costing 200 Euros. However, these tickets are split up into ten ‘decimos’ (tenths) each costing 20 Euros. When purchasing your tickets you have the choice of purchasing one decimo, a complete ticket, or a portion of a ticket. If you don’t buy the entire ticket, someone else will buy the remainder of your ticket. For example, if you buy two decimos, somebody else purchases three and another buys five and your ticket wins 1000 Euros, then you will win 200 Euros, 300 Euros and 500 Euros correspondingly. Due to the expense of purchasing a complete ticket, it is typical for families and friends to bring together their lotto cash and each individual buy a separate ‘decimo’ (tenth).