A key part of the Euromillions Euro lottery is the El Gordo Lottery - and you should want to know more about this part. Boasting payouts between eighty four million and two point six billion Euros, the El Gordo Lottery claims one of the world’s richest jackpots. This is just one of the lottery’s claims to fame. The El Gordo Lottery puts more than thirteen thousand prizes up for grabs, which works out to a one in six chance of winning a prize. Not bad at all by the standards of the prizes pitched by competing lotteries.
Each month the Euromillions Euro lotto holds one draw. But three months each year play host to bigger drawings for yet bigger prizes. These bigger lotteries are hosted in January, summer, and around Christmas; they are, respectively, El Nio, San Ildefonso and El Gordo.
Balls with numbers in a range between 00,000 and 84,999 are not typical in lottery systems, but the El Gordo lottery employs an unusual approach taking full advantage of them. During the draw a ball is selected from a bowl to find the winning number and another ball is drawn from the second bowl to find the prize value.
Interested in entering this drawing? There are two choices; the first is that you can get a “serie” or a full ticket. Also available for purchase is a “décimo”, worth one-tenth of a full ticket. This is the cheaper option. These choices have the same chance to win, although the payout is proportional to which you bought at the start. As a result the Euromillions Euro Lotto also offers an e-lottery system.
If you buy into the e-lottery system, you can be confident of winning a prize. You just buy into the El Gordo Lottery syndicate which will then divide you up into teams. With each team assigned a number from 0-9 when the draw is held, the final digit of the winning number identifies which team will receive the prize. An even division of the prize amongst the team comes next. Following that, subscriptions are sold ready for the draw held next month.
It is common to worry about whether it’s worth sharing these pots. But when you take into account how much over two and a half billion Euros is actually worth, there’s still lots of money for everybody. There’s no reason for concern with this system as you’re guaranteed to win your share in a prize every month, and a share in the syndicate is a cheaper way to play. It’s the best way to go the Euromillions Euro lotto…
