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Villamanín Reaches Compromise After El Gordo Ticket Oversell

A negotiated haircut will spread the shortfall from oversold festival shares.

Overview

  • The winning number 79,432 delivered big prizes to the León province town, yet oversold share-tickets left roughly €4 million in uncovered claims.
  • Following a more than three-hour meeting, the festival committee and many holders agreed to accept reduced payouts so every claimant receives money.
  • Participants reported that the committee would give up part of its winnings and others would face a small deduction, though accounts differ on whether the cut is about 5% or closer to 10%.
  • Initial celebrations in Villamanín were based on nearly €35 million tied to locally distributed shares before the shortfall emerged.
  • Local outlets described administrative missteps, including unregistered shares, as mistrust and fraud accusations from some residents underscored lingering doubts about the process.