Lottery, known as El Gordo, or “fat man”, this year played 2.4 billion euros ($2.7 billion) prize money.

The key prize for a winning ticket is 400,000 euros ($455,000), but there are a large number of small prizes. A number of people have chosen a winning number at various points throughout Spain.

Other lotteries have giant personal key prizes, but El Gordo, is conducted any December. 22, is the largest in the world in terms of the joint prize pool.

Individuals or groups of friends or co-workers purchase El Gordo lottery tickets, which cost 20 euros ($23) any month in advance.

Subsequently, the lottery became a custom of winter holidays in Spain, when people are glued to the TV, radio or Online, where newspaper websites provide running comments.

Kids from the Madrid secondary schools of San Ildefonso announced the lottery prizes on Saturday in the state television draw at the Madrid Opera house "real".

Tiny balls, appropriate to the main prize, rolled down the gutters of 2 large round cells and were caused by young young women through 3 hours later the beginning of the gala concert.

Spain organized its own national lottery as a charitable Foundation in 1763, during the reign of king Carlos III. Its purpose later, was the replenishment of the state Treasury.

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