Posts Tagged ‘El Gordo’
The UK Lotto draw has just taken place and the £3,468,222 jackpot was shared by three lucky players, so the Wednesday night draw will have a £2.2 million to play for. If you’re a big lottery jackpot hunter then a couple of million may not interest you. What about the EuroMillions? The Pan-European lottery has a £69 million lottery jackpot to play for but there are other big prizes out there too.
Across the world there are literally hundreds of lotteries available to play and right now there’s over £380 million worth of lottery jackpots to play for and you can buy tickets for them all online. Thanks to the internet (and reputable lottery concierge services), you can now play most of the world’s reputable lotteries online. So, let’s take a look at the world’s biggest lottery jackpots.
Spending is down, both in Spain and across Europe, but one thing that doesn’t seem to be affected is the sales of the big Christmas Spanish Lottery draw, the El Gordo. The El Gordo is reporting brisk sales despite the downturn as players hope they’ll get lucky in the richest lottery draw in the world.
The El Gordo, or the big one as it’s known around the world is well deserving of its title, last year the draw paid out €2.7 billion, yes that’s billion, in prizes, making it popular not just with Spanish players but lottery players around the world too.
The El Gordo is by far the richest and best known lottery draw in the world. The El Gordo, or the Fat One as it’s known around the world is held in Spain on 22nd December every year with a prize pool that far outweighs any other in the world, at around €2.5 billion!
For years, holidaymakers have purchased tickets for the El Gordo while on their week away and then kept hold of the tickets until they return to the country. Now of course that isn’t necessary as it’s possible to buy tickets for the El Gordo from anywhere in the world.
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Whenever large companies see stock market flotation, someone, somewhere makes a lot of money. So there’s no doubt that a number of city bankers are likely to make a fortune as Loterías y Apuestas del Estado – the Spanish state run lottery organisers – float the Spanish Lottery on the stock market. A move that is likely to be the equivalent of a lottery jackpot to some city bankers.
The flotation is likely to be Spain’s largest ever stock market listing, worth around €9 billion for a 30% share in the lottery. It’s little wonder the value is so high, considering the Spanish El Gordo Christmas Lottery is the richest lottery in the world (by lottery jackpot pool).