Billions Up For Grabs in Spain's El Gordo Lottery The Spanish El Gordo (translation-the fat one) Lottery is one of the biggest, if not the biggest, lottery in the world. El Gordo routinely offers global lottery players the chance to win billions of euros in prizes. The next El Gordo draw is scheduled for December, 22nd 2009 and jackpots totaling over $3,310,487,073 (USD) will be awarded to the lucky winners of El Gordo.

Best of all El Gordo lottery tickets can be ordered online from anywhere in the world and participation in this super lottery is not limited to EU citizens. Demand for El Gordo tickets is huge and there are a limited number of tickets on sale. El Gordo lottery jackpots are paid in a lump sum and are free of Spanish government taxes of any kind. Unlike many North American lotteries El Gordo has multiple winners.

The Lottery starts with 195 jackpots worth $4,452,327 followed by 195 jackpots worth $1,653,989 followed by several smaller jackpots. Approximately 340,000 lucky sixth prize winners will receive jackpots of about $1,500. According to the El Gordo website one in three lottery tickets is a prizewinner. 100,000 tickets are printed for each El Gordo lottery draw and over 37,000 prizes are paid out. This gives El Gordo players 1 in 3 odds of winning one of the many jackpots and prizes.

70% of El Gordo ticket revenue is paid out in prizes and the El Gordo website states that over 1,202,490 people will be cash prize winners in 2009. Competition for El Gordo lottery tickets is usually keen and players are advised to purchase their tickets well in advance of the drawings. There are many websites that will facilitate the purchase of El Gordo lottery tickets for non Spanish citizens. There are only two El Gordo drawings left this year, the first on November 7th and the last drawing of the year takes place on December 22nd.

One of the best features of El Gordo is that the jackpots are tax free. In the US taxes can easily eat up over 50% of a lottery jackpot. Most European lotteries allow players to buy an online lottery ticket which has greatly increased sales. In addition to being able to buy online lottery tickets players can also check for winning numbers and in some places can access a random number generator to help pick those winning numbers. There are now several websites where players can buy online lottery tickets for several European lotteries. Lotteries are finally catching up with 21st century technology.