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My Guide to the Elgordo Lotto

28 September 2009

A major event within the Euromillions Euro lotto is the El Gordo Loteria which you may well wish to learn about. With payouts between eighty-four million and more than two and a half billion Euros, the El Gordo Lottery offers one of the world’s richest jackpots. Even that isn’t the only thing that is special here. The lottery offers odds of winning something to the tune of an astonishing one in six, and these prizes might be any of over 13,000 different amounts. When compared with prizes offered by competing lotteries, that’s pretty good. There is one draw each month under the aegis of the Euromillions Euro lottery. Three months a year play host to bigger draws guaranteeing still grander prizes. Richest of all these draws is “El Gordo” which is held around Christmas, while the other bigger lotteries are set for January (“El Nio”) and in the summer (“San Ildefonso”).

Unlike other lottery draw systems, the El Gordo Lottery uses balls sporting five digits apiece ranging from 00,000 to 84,999. Two bowls are required, one being used to decide the winning number, while the second decides the amount. Should you want to get in on the action there is an entire ticket called a “serie”. You can also go for a cheaper option called a “décimo”, valued at one-tenth of a full ticket. Neither option is particularly cheap, though, and obviously neither has an optimal chance of being one of the one in six winning tickets. As a result many players of the Euromillions Euro lottery take advantage of the e-lottery scheme. If you buy into the e-lottery system, you’re guaranteed a prize. Simply buy into the El Gordo Lottery syndicate where you’re pooled into teams. With each team assigned a number ranging from zero to nine when the drawing is made, the last number on the winning ball identifies the team that will receive the prize. The prize is distributed among the team members. Everyone renews their subscription for the draw the following month and the cycle begins again.

It is common to feel some concern as to whether it’s worth sharing the jackpots. The thing to remember is there’s still plenty to go around when the total prize was over two and a half billion Euros. You’ll find the syndicate program is far more affordable, and knowing that you’ll win something in each draw, you don’t have to worry about losing all the time. E-lottery is the smartest way to go…el gordo de navidad

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