If you haven’t heard of the El Gordo Loteria, a part of the Euromillions Euro lottery, you will definitely want to learn more. Widely renowned for featuring one of the world’s biggest jackpots, this simple game of hazard offers pots that are known to run up to 2.6 billion Euros. And yet there’s more. With more than 13,000 prizes being offered, the chances of winning a prize mean that there will be one winner in every six tickets. When you consider the prizes pitched by other lotteries, that’s certainly not bad.

In the Euromillions Euro lottery, one draw is held every month. Even more substantial prizes can be had from bigger drawings held three months a year. The three special drawings are scheduled to be in January, summer, and at Christmas; these are, respectively, El Nio, San Ildefonso and El Gordo.

Balls with numbers ranging between 00,000 and 84,999 are not part of a standard lottery system, but the El Gordo lottery employs a unique system using them. Under this system, a ball is drawn from a bowl to identify the winning number while a second is drawn from the second bowl to find the prize value.

To enter the draw, your first choice is a full ticket, called a “serie”. There is also a cheaper option; called a “décimo” worth one-tenth of a full ticket. Both serie and decimo have an equal chance of winning, although their payout is proportional to which you bought to begin with. For this reason the e-lottery scheme is popular with many Euromillions Euro lottery players.

This system guarantees a prize for everyone who takes part. Simply buy into the Euromillions Euro Lottery syndicate where you’re divided 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. All members receive an even share of the money. In time for the next lottery, the syndicate once again takes subscriptions to continue the e-lottery.

It is typical to wonder whether it would be worth sharing these jackpots. The thing is, there’s still a lot of money to share out when the original prize was 2.6 billion Euros. There’s no need for concern with this system as you’ll win a prize during each drawing, and on top of that a share in the e-lottery is the more affordable way to play. There isn’t any better return…

This entry was posted on Wednesday, November 18th, 2009 at 6:37 am and is filed under Courting Luck. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.