Rules and Regulations
The El Gordo rules are straightforward and easy to understand, even if you have never played the game before. These rules and regulations for the El Gordo were established by the State Lotteries Company (SELA) to ensure that the game is fair and that players know what to expect when they participate. The main El Gordo rules are as follows:
- Players must be 18 or older to buy El Gordo tickets.
- All El Gordo prizes worth more than €2,500 are subject to a tax of 20%.
- This yearly draw takes place in Madrid and is organised by the Spanish Government.
- Players must claim their El Gordo prizes as soon as possible as prizes will expire in 90 days if no winner comes forward. If you think you are an El Gordo winner, it is worth contacting lottery officials and claiming your prize as soon as possible.
- 70% of the money raised through El Gordo ticket sales is allocated to funding prizes.
Bold Jackpot - El Gordo.
Since the New Year's lottery isn't cheap -20 one euro part of the ticket, a full ticket from 10 parts worth 200 euros, it is customary to buy it collectively. Main prize, called El Gordo, which literally translates as "Fat Man" - "Fat Jackpot" is 3 000 000 euros! Therefore, resourceful Spaniards and people from other countries, uniting in groups (at work, at the place of residence, etc.), buy dozens of lottery tickets hoping for luck and winning.
Specialists, true, have been sounding the alarm for a long time. General insanity and general excitement scare them. But nothing can be done about the lottery. She's even more popular, than bullfight.