El Gordo

4 Stories

School's Fundraising Effort Ends in $327M Windfall

The El Gordo lottery takes Spain once again

(Newser) - It's time for the annual story that makes you wish you were Spanish. Spain has once again held its famous El Gordo lottery, doling out a total $2.4 billion to its people, reports the AP . Number 79140 was the big winner this year; the Telegraph reports that 160... More »

Spain's Christmas Gift to Its People: $3.4B Lottery

Annual 'El Gordo' holiday lottery rains cash on beleaguered Spaniards

(Newser) - Spain, which has had not a lot to celebrate in the financial realm in recent memory, is basking in the glow of its annual exercise in literally throwing scads of cash to the wind: Yesterday's "El Gordo" lottery saw some $3.4 billion awarded to thousands of winners... More »

Spain Gives Out $1.1B Lottery

Bad news: There's a 20% income tax due to austerity measures

(Newser) - Endless recession or not, Spain's crazy-huge lotteries go on: The traditional Jan. 6 lottery known as El Niño today showered $1.1 billion on those lucky enough to have the winning numbers, reports the AP . The lottery isn't even Spain's largest (a Dec. 22 lotto known... More »

'El Gordo' Holiday Lottery to Pay Out $3B

World's richest lottery spreads the wealth

(Newser) - Spain is bringing billions of holiday good wishes to winners of the world's richest lottery. The contest known as "El Gordo"—the Fat One—is paying out a whopping $3 billion in cash. But the money doesn't go into a single jackpot. Instead it's doled out in a... More »

4 Stories