El Gordo De Verano
Spain’s El Gordo De Verano works very much like a traditional raffle where a ticket has a unique 5 digit number rather than a lottery with balls drawn from a barrel. El Gordo De Verano is Spain’s summer El Gordo lottery. It’s the sister lottery of the super popular Spanish Christmas lottery which the biggest lottery in the world. A ticket is quite expensive to buy at approx. $380 each so you have the choice to either purchase a whole ticket or a share a ticket at a fraction of the price (like a traditional syndicate). El Gordo De Verano only has one draw each year. Because there is only one draw per year, the prize pool is massive (approx. $180m) consisting of approx. 378,000 prizes so the odds of winning a prize are on your side.
How to Play
El Gordo De Verano is a raffle so all there is to do is buy an entry. There is no having to guess lucky numbers or devise strategies to win.
Taxes
Prizes up to €2,500 are tax free, and prizes over €2,500 are subject to a tax rate of 20%. However, citizens of countries other than Spain are entitled to claim a full tax refund.
Odds of Winning
Odds of winning a prize are 1 in 3. Those odds are some of the best you’ll find in any lottery across the world.
You can bet on El Gordo De Verano at www.lottoland.com.au