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€2.7 Billion (total prize pool) El Gordo (Spanish Christmas Lottery) Jackpot

December 22, 2023 — Spain

El Gordo — "The Fat One" — is the world's largest lottery by total prize pool, distributing approximately €2.7 billion every Christmas. Unlike US lotteries, the top prize of €4 million per ticket is shared by everyone holding the winning number. Tickets are sold in tenths (décimos) for €20 each, worth €400,000 if winning. Entire towns and villages often share the prize, creating communal celebrations across Spain. This is fundamentally different from US jackpot lotteries.

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