The E-Lottery System & Elgordo Lotto — a Player’s Guide
The El Gordo Lottery is a part of the Euromillions Euro lottery, but if that’s all you’ve ever heard there’s a lot more to discover. Promising payouts that can be as high as two point six billion Euros, the El Gordo Lottery claims one of the biggest jackpots worldwide. Nor is this the lottery’s only claim to fame! With over thirteen thousand prizes available, the chances of winning a prize work out to around one in every six. Pretty good if you hold it against what competing lotteries will part with. With the Euromillions Euro lotto one draw is made every month. Three months a year see special drawings offering way grander prizes. These three special drawings occur in January, summer, and around Christmas; in order, they are El Nio, San Ildefonso & El Gordo. Balls numbered 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. One ball apiece is drawn from two bowls; the first draw indicates the winning ticket, while the second determines the prize value. So how do you enter this lottery draw? You have two basic choices; first, you can purchase a “serie” or a full ticket. Or, you can choose the cheaper option called a “décimo”, worth one tenth of a full ticket. These choices have the same chance of winning, although their share of the payout is proportional to how much you spent at the start. As a result many people playing the Euromillions Euro lottery use the e-lottery scheme.
This system guarantees a prize to everyone who takes part. You simply buy into the El Gordo Lottery syndicate where you’re pooled into teams. With each team having a number between 0 – 9, the final digit on the winning ball picks the winning team and they go on to take the money. A fair division of the prize among the members follows. Afterward, subscriptions are sold for the syndicate ready for the lottery the following month.
It’s typical to wonder whether it would be worth sharing the payoffs. The thing is, there’s still plenty to share out when the original prize was more than two and a half billion Euros. There’s no need for concern with this system for the simple reason that you’ll win a prize during each draw, and a share in the syndicate is a most cost-effective approach to playing. It’s the smartest strategy for the Euromillions Euro lottery…
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