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Merry Christmas 2023 | World's biggest lottery is all about sharing

Spain's famous El Gordo Christmas lottery brings in billions in revenue each year. This year, the winning lottery, number 88008, won the El Gordo jackpot of 400,000 euros.

December 23, 2023 / 15:34 IST
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Spain's Christmas lottery tickets, worth €200 each, are sold in fractions of 10 (décimos). It's possible to buy even smaller units for less money, and share the prize with everyone who has the same winning number when the results are announced. (Photo by Urci Dream via Wikimedia Commons 4.0)

Think Christmas and what usually comes to mind is trees, presents, lights. In Spain, however, these are but the supporting cast to the season’s star character: the Christmas lottery. Spending hours queuing for a ticket is more of a Christmas tradition for many Spaniards than attending mass.

Nicknamed El Gordo, or the fat one, the lottery’s jackpot is worth 400,000 euros. It might not be a huge prize, but the number of people buying the tickets is. Over 32 million people are estimated to have bought one in 2022; the country’s total population is 48 million. In 2023, prizes amounted to 2.59 billion euros ($2.85 billion), 70 million euros more than last year.

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Reuters reported that this year, "each Spaniard bought 70 euros worth of tickets" on average. According to the State Lottery Association, in 2022, about 159 million tickets were sold, raising a staggering 3.18 billion euros in revenue, 70 percent of which was redistributed as prize money. Other than the “fat” jackpot, numerous other, smaller prizes are also given out, which collectively make Spain’s Christmas lottery, the biggest in the world.