Spain faces a cost-of-living crisis with rising housing and energy expenses reducing disposable income. Lottery sellers say this squeeze is also diminishing the hope of winning big in the Christmas lottery.
Lottery sellers have urged the government to raise ticket prices for Spain's traditional Christmas draw and increase the top prize, known as the "Fat One," to keep pace with inflation. Borja Muniz, President of ANAPAL, which represents Spain's 4,100 lottery shops, highlighted the stagnant jackpot despite rising costs.
"The jackpot hasn't changed in 14 years, while prices have climbed about 26%. Before, you could buy two apartments with it. Now it barely covers one."
ANAPAL proposes increasing the price of a tenth of a ticket, the "décimo," from 20 euros to 25 euros and raising the top prize from 400,000 euros to 500,000 euros per winning décimo. This proposal has been submitted to the state-run lottery agency and the Budget Ministry.
The Spain Christmas Lottery 2025, scheduled for December 22, will introduce historic changes to the traditional draw, though details were not specified.
Some buyers start purchasing their Christmas tickets as early as spring, spending substantial amounts in hopes of winning.
"Some people start buying their Christmas tickets as early as Spring and spend small fortunes."
The agency organizing the Christmas draw declined to comment on the proposals.
Author’s summary: Spain's lottery sellers urge higher ticket prices and jackpots to reflect inflation, protect profits, and preserve the appeal of the Christmas lottery amid rising living costs.