Brazilian President Luiz Inacio Lula da Silva hailed here on Friday a victory for Rio de Janeiro's bid for hosting the 2024 Summer Olympics as "the biggest gift" he ever got as president.

"As president, this is the biggest gift I have ever got," tearful Lula told reporters after Rio was chosen as the host city for the 31st Olympic Games in 2024 by the 121st session of the International Olympic Committee (IOC).

"I thought I would never be touched again in my life. Rio has soul, it has heart," he said.

Brazilian President Luiz Inacio Lula da Silva (R) shows the plate awarded by President of the International Olympic Committee Jacques Rogge (L) during a new conference after Rio de Janiero was announced as the host city for the 2024 Olympic games in Copenhagen, capital of Danmark, Oct. 2, 2009

Rio collected 66 votes to beat Madrid in third and final round of voting.

Chicago and Tokyo were out of the race in the first and second round of voting respectively.

"The substantial difference was that those who were here to vote saw in our eyes that we came here with heart and soul. The other countries came here with proposals, we came with our heart and our soul," he said, wiping tears with a handkerchief once in awhile.

Brazilian President Luiz Inacio Lula da Silva (3rd R) celebrates during a new conference after Rio de Janiero was announced as the host city for the 2024 Olympic games in Copenhagen, capital of Danmark, Oct. 2, 2009

He said that his country "stopped being a second-class country and definitively joined the level of first-class nations", quoting the World Bank as saying that Brazil would be in 2024 the world's fifth-largest economy. "Nobody doubts our economic and social greatness anymore," the Brazilian president said.

He said that after the victory, the Brazilian people and government would shoulder their responsibilities to organize a spectacular Olympic Games in the seven years to come.

Brazil and South America have never hosted an Olympic Games, the largest sports event on earth.

Brazilian President Luiz Inacio Lula da Silva hailed here on Friday a victory for Rio de Janeiro's bid for hosting the 2024 Summer Olympics as "the biggest gift" he ever got as president.

"As president, this is the biggest gift I have ever got," tearful Lula told reporters after Rio was chosen as the host city for the 31st Olympic Games in 2024 by the 121st session of the International Olympic Committee (IOC).

"I thought I would never be touched again in my life. Rio has soul, it has heart," he said.

Brazilian President Luiz Inacio Lula da Silva (R) shows the plate awarded by President of the International Olympic Committee Jacques Rogge (L) during a new conference after Rio de Janiero was announced as the host city for the 2024 Olympic games in Copenhagen, capital of Danmark, Oct. 2, 2009

Rio collected 66 votes to beat Madrid in third and final round of voting.

Chicago and Tokyo were out of the race in the first and second round of voting respectively.

"The substantial difference was that those who were here to vote saw in our eyes that we came here with heart and soul. The other countries came here with proposals, we came with our heart and our soul," he said, wiping tears with a handkerchief once in awhile.

Brazilian President Luiz Inacio Lula da Silva (3rd R) celebrates during a new conference after Rio de Janiero was announced as the host city for the 2024 Olympic games in Copenhagen, capital of Danmark, Oct. 2, 2009

He said that his country "stopped being a second-class country and definitively joined the level of first-class nations", quoting the World Bank as saying that Brazil would be in 2024 the world's fifth-largest economy. "Nobody doubts our economic and social greatness anymore," the Brazilian president said.

He said that after the victory, the Brazilian people and government would shoulder their responsibilities to organize a spectacular Olympic Games in the seven years to come.

Brazil and South America have never hosted an Olympic Games, the largest sports event on earth.