The El Gordo Loteria is part of the Euromillions Euro lotto, but if you don’t know anymore than that you definitely need to find out more. Promising payouts that can be as high as more than two and a half billion Euros, the lottery claims one of the world’s richest jackpots. This is just one of the lottery’s claims to fame. With more than thirteen thousand prizes being offered, your chances of winning a prize work out to around one in every six. When you consider prizes offered by other lottos, you’ve got to admit that El Gordo’s offerings are actually pretty good.

There is one draw per month under the auspices of the Euromillions Euro lotto. Three months each year see special lotteries promising even bigger prizes. The most substantial of all these drawings is “fatso” “El Gordo” which is held around Christmas, while the other special drawings take place in January – “El Nio” – and during the summer (“San Ildefonso”).

Balls each numbered between 00,000 and 84,999 are not typical in lottery systems, but this draw employs a unique system using them. The system requires two bowls, with one used to determine a winner, while the second decides the prize value. So how do you enter this lottery? You have two options; first, you can buy a full ticket, called a “serie”. The other option is cheaper; called a “décimo” which is worth one-tenth of a full ticket. Neither option is particularly cheap, though, and of course neither has better odds of being a winner. As a consequence the Euromillions Euro Lottery has additionally provided an e-lottery system.

This system guarantees a prize for everyone who takes part. You are automatically pooled into a team when you buy in with the El Gordo Lottery syndicate. With each team having a number between 0 and 9, the last digit on the winning ball signifies the winners who will go on to take the money. An even division of the prize amongst the team comes next. Following that, subscriptions are sold ready for the lottery held next month.

The concept of sharing the pots causes a little concern for some people. But when you consider how much over two and a half billion Euros really is, there’s still lots of money for everybody. As you’re guaranteed to win once a month, the e-lottery syndicate is both less of a worry and more affordable. It’s the smartest strategy for the Euromillions Euro lottery…

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