‘El Gordo’ Lottery in Spain Spreads Christmas Riches Worth $2.8 Billion

‘El Gordo’ Lottery in Spain Spreads Christmas Riches Worth $2.8 Billion
A spectator waits for the start of the annual Christmas lottery draw, known as El Gordo, or The Fat One, at Madrid's Teatro Real, Spain, on Dec. 22, 2024. Bernat Armangue/AP Photo
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MADRID—For weeks, Spaniards had anticipated the arrival of “El Gordo” or “The Fat One.”

But unlike Santa Claus, El Gordo arrived three days before Christmas, before noon on Sunday.