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Spain kicked off the festive period Thursday with the celebration of one of its most iconic events, the bumper Christmas lottery, known as «El Gordo» (The Fat One).
The most sought-after prize shells out 400,000 euros ($425,000), or some 325,000 euros after tax, to holders of winning 20-euro tickets, known as décimos.
In keeping with tradition, the winning numbers are called out by children from Madrid’s San Ildefonso school in a nationally televised draw at Madrid’s Teatro Real opera house.
