Topic: Alcorcon

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  • Spain lottery, 'El Nino,' gives away $1.1 billion

    Spain lottery of $1.1 billion, called the 'El Nino' lottery, is held each Feast of the Epiphany in Spain. But there's a catch. Thanks to the country's new austerity measures, winners in the $1.1 billion Spain lottery have to pay 20 percent income tax on their winnings.