09.27.09
My Authoritative Guide to the El Gordo Lotto
A major event within the Euromillions Euro lotto is the Loteria de El Gordo – and you would do well to know more about this part. This lottery is renowned for payouts that can match the biggest in the world – payouts as high as 2.6 billion Euros. And yet there’s more. In this lottery the odds of winning something are an astonishing one in six, with over thirteen thousand different amounts. Not bad if you hold it against what comparable lotteries are set to offer. With the Euromillions Euro lotto, there is one monthly drawing. Richer prizes can be won at special draws held during three months around the year. To be precise: the January “El Nio”, the Summer “San Ildefonso”, and held around Christmas, “El Gordo” aka “fatso”, with the Christmas drawing being the most substantial of the 12. Balls with numbers in a range between 00,000 and 84,999 are not part of a standard lottery system, but the El Gordo lottery employs an unusual approach using them. One ball apiece is drawn from two bowls; the first draw determines the winner, while the second determines what the ticket is worth. So how do you enter this drawing? There are two choices; the first is that you can buy a full ticket, called a “serie”. The other option is cheaper; called a “décimo” valued at one tenth of a full ticket. Neither choice is particularly cheap, however, and of course neither has an optimal chance of being a winner. As a result many people playing the Euromillions Euro lotto take advantage of the e-lottery system.
When you buy into the e-lottery system, you can be confident of winning a prize. Just buy into the El Gordo Lottery syndicate and you’ll be divided into teams. With each team numbered between zero and nine, the final digit on the winning number picks the winning team and they take the prize. A fair division of the prize among the members comes next. Afterward, subscriptions are taken for the syndicate ready for the draw held next month. Sharing the prizes is cause for concern for some people. What you need to keep in mind is that when the initial amount is 2.6 billion Euros, a share works out at a significant sum of money. With a guaranteed win at every draw, the e-lottery syndicate is both more cost effective and less stress as you know you’ll get a return. It’s the best way to go the El Gordo lotto…
