The Dummy’s Guide to the El Gordo

A key part of the Euromillions Euro lottery is the Elgordo Lottery - and you would do well to know more about this part. With payouts between 84 million and 2.6 billion Euros, the Elgordo Lottery offers one of the world’s richest jackpots. Even that is not the only thing that is remarkable here. This lottery puts more than 13,000 prizes up for grabs, which makes for a winner per every six tickets. Pretty good in comparison to the prizes offered by other lotteries. Each month the Euromillions Euro lotto holds a draw. Three months each play host to bigger lotteries promising significantly bigger prizes. The 3 special draws are scheduled to take place in January, summer, and at Christmas; they are, respectively, El Nio, San Ildefonso & Elgordo.

Balls with numbers ranging between 00,000 and 84,999 are not part of a standard lottery system, but the Elgordo lottery employs a unique system using them. One ball apiece is drawn from two bowls; the first selection determines the winning ticket, the second what the ticket is worth.

To enter the draw, one option is a full ticket, called a “serie”. Also available for purchase is a “décimo”, which is worth one-tenth of a full ticket. This is your other option. These tickets have an equal chance to win, although of course their payout is proportional to what you spend to begin with. Because of this the Euromillions Euro Lotto also offers an e-lottery system. With the e-lottery system, you can be sure that you will win a prize. You’re automatically pooled into a team following your buy into the Elgordo Lottery syndicate. Each team is assigned a number ranging from zero to nine when the draw is held, the final number on the winning ball determines which team receives the money. Every member will receive an even share. In time for the next lottery, the syndicate once again sells subscriptions and the e-lottery continues. Some players are concerned when they hear that they have to share these jackpots. The thing to remember is there’s still a lot of money to share out when the total prize was more than two and a half billion Euros. As you’re guaranteed to win at every draw, the syndicate system is both less of a worry and more affordable. It’s the smarter strategy for the Elgordo lotto…

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