This Country Just Held the World’s Biggest Lottery

Spain has paid out the winners of the world’s largest lottery on Tuesday, with the total amount of money up for grabs coming in at 2.2 billion euros ($2.4 billion).

The winners of the top prize of 4 million euros–known as the El Gordo, translated to The Fat One–are a group of residents living in Roquetas de Mar in the southern region of Almeria, reported Reuters.

Spain’s traditional annual Christmas lottery draw, which originated in 1812, is known as the world’s largest lottery payout. It issues winnings to thousands of ticket buyers–U.K. site Lottoland estimates the odds of winning any prize at a one-in-six chance–which is why the lottery is a huge event for the Spanish.

https://datawrapper.dwcdn.net/7Grnb/3/?iframe_id=fortune-iframe-embed-3107c809926b437ea64463907e251b2cdf70176e

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Prinzo and Associates LLC is a tax firm located in Pittsburgh's South Hills. Since 1991 we have been helping clients with tax problems. We also help clients with retirement and other financial needs. If your business is in need of payroll, quickbooks or other financial assistance, we are here to help!

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