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Spanish town’s lottery win turns sour after Tickpick oversells shares

A €35M Christmas lottery win became a nightmare for Villamanín. Now, winners may have to surrender part of their prize to fix the mess.

It is an expo conducted by University there is a table and on the table there are different...
It is an expo conducted by University there is a table and on the table there are different countries flags, a box, some papers and also a banner is kept, to the left side there is a globe ,to the right side there is a notice board and the beside the bord there are few people and to the left there are lot of tables and chairs.

Lottery Glitch: Million-Euro Jackpot at Stake - Spanish town’s lottery win turns sour after Tickpick oversells shares

The small northern Spanish town of Villamanín is facing an unexpected problem after winning nearly €35 million in Spain’s famed Christmas lottery. The local festival committee, known as the Tickpick, sold more shares in the winning ticket than it had actually purchased, leaving the community with €4 million in unpaid claims.

The winning ticket number, 79432, was sold in fractional shares by the Tickpick, a common practice in Spain for charitable fundraising. However, the committee issued more share certificates than it had tickets for, creating a shortfall.

To address the issue, the Tickpick has called an emergency meeting in Villamanín. A proposed solution involves asking winners to voluntarily give up part of their prize. This plan will be decided by a majority vote among those affected. The mistake has left the town in a difficult position, with many residents unsure how the situation will be resolved.

The festival committee must now find a way to cover the €4 million gap. If approved, the proposed partial forfeiture of winnings would ensure all shareholders receive at least some money. The outcome will depend on the vote and the willingness of winners to compromise.

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