The E-Lottery System & El Gordo Lotto: the 101
The first time you hear about the El Gordo Loteria, a part of the Euromillions Euro lottery, you definitely need to learn more. The lottery is widely known for top payouts that number amongst the richest around the world – payouts from eighty four million to 2.6 billion Euros. And neither is this the lottery’s only claim to fame! The El Gordo Lottery puts more than 13,000 prizes up for grabs, making for a one in six chance to win a prize. That’s very good, actually, when held against what other major lotteries are prepared to part with.
With the Euromillions Euro lotto, one draw is held every month. Bigger prizes can be won at special lotteries held during three months around the year. Biggest and, expectably, the most popular of all these lotteries is the Xmas lottery “El Gordo” (Spanish for “Fat Cat”), while the two other special lotteries are in January – “El Nio” – and the summer (“San Ildefonso”). Balls numbered between 00,000 and 84,999 are not part of a standard lottery system, but this draw employs a unique system taking full advantage of them. The system presses two bowls into service, one being used to decide the winning ticket, the second the prize value.
To enter the lottery, your first choice is a full ticket, termed a “serie”. You can also go for a more affordable option called a “décimo”, valued at one tenth of a full ticket. Neither option is particularly cheap, however, and of course neither has a better chance of being a winner. For this reason the e-lottery system is popular with many Euromillions Euro lotto players.
The e-lottery system promises a prize for everyone who takes part. You simply buy into the El Gordo Lotto syndicate which will then sort you into teams. With each team having a number between 0 – 9, the last digit on the winning number determines the winning team and they go on to take the money. The money is distributed among the team. In preparation for next month’s lottery, the syndicate once again sells subscriptions and the e-lottery continues.
Some players are hesitant when they hear that they would have to share these big pots. The thing is, there’s still a lot of money to share out when the total prize was 2.6 billion Euros. As you’re guaranteed to win at every draw, the syndicate is both more cost effective and less of a worry as you can be certain of a return. There is really no better return.
