Christmas lotteries worth 2.24 billion in prize money this year
Wednesday, November 13, 2013 @ 10:24 AM
THIS year's Christmas lottery is set to hand out over 2.24 billion euros in prizes – and will be the first one ever where winnings are subject to tax.
Overall, this is 280 million euros fewer than last year, and the number of ticket series has decreased from 180 to 160.
Of the total prize money, 640 million will be handed out to winners of the most well-known festive lottery, the El Gordo, literally 'the fat one'.
This is one of Spain's favourites, since the chances of winning are much higher even though the prizes are much lower, typically running into tens of thousands rather than millions.
Read more at thinkSPAIN.com