when does the biggest lotto in spain occur
Spanish Christmas Lottery tmas Lottery drawings are held according to exactly the same procedure each year. In the past it took place in the Lotería Nacional hall of Madrid, while in 2010 and 2011 it was celebrated in the Palacio Municipal de Congresos de Madrid, and in 2012 in Teatro Real in Madrid. Pupils of the San Ildefonso school (formerly reserved for orphans of public servants) draw the numbers and corresponding prizes, delivering the results in song to the public. Until 1984, only boys from San Ildefonso participated in the drawing; that year Mónica Rodríguez became the first girl to sing the results, including a fourth prize of 25 million Spanish pesetas.[5] It is a custom that the winners donate some of the money to the San Ildefonso school. The public attending the event may be dressed in lottery-related extravagant clothing and hats.[6] The state-run Televisión Española and Radio Nacional de España, and other media outlets, broadcast the entire draw, which currently takes place on December 22 each year. Two large spherical cages are used. The la
Economic history of Spain Following the discovery of America and the colonial expansion in the Caribbean and Continental America, valuable agricultural products and mineral resources were introduced into Spain through regular trade routes. New products such as potatoes, tomatoes and corn had a long-lasting impact on the Spanish economy, but more importantly on European demographics. Gold and silver bullion from American mines were used by the Spanish Crown to pay for troops in the Netherlands and Italy, to maintain the emperor's forces in Germany and ships at sea, and to satisfy increasing consumer demand at home. However, the large volumes of precious metals from America led to inflation, which had a negative effect on the poorer part of the population, as goods became overpriced. This also hampered exports, as expensive goods could not compete in international markets. Moreover, the large cash inflows from silver hinder the industrial development in Spain as entrepreneurship seems to be dispensable.[1]