The Spanish ‘El Gordo’ lottery is the largest in the world, drawn at Christmas, and Wednesday’s top ticket holder won $450,000 before taxes.

While many other lotteries like Powerball and Mega Millions have larger main prizes, El Gordo produces the biggest total prize payout.

This year the prize was 2.4 billion euros and much of the money gained goes to charities. The Spanish Christmas Lottery is a special draw of the Lotería Nacional, the weekly national lottery run by Spain's state-owned Loterías y Apuestas del Estado.