E-Lottery & El Gordo Lotto - the 101
If this is the first time you’ve come across the part of the Euromillions Euro lotto that is the Elgordo Loteria, you will certainly want to know more. Boasting one of the largest jackpots in the world, this simple wager offers pots that are known to run up to 2.6 billion Euros. And yet there’s more. This lottery offers odds of winning something to the tune of an astonishing one in six, and these prizes might be any of more than 13,000 different amounts. When compared with prizes given by other lotteries, you’ve got to admit that Elgordo’s offerings aren’t at all bad!
Once per month the Euromillions Euro lotto holds a draw. Bigger prizes can be expected from featured drawings held during three months a year. The 3 bigger draws occur in January, summer, and at Christmas: in order, they are El Nio, San Ildefonso & Elgordo, literally meaning: “the fatso”. Balls with numbers in a range between 00,000 and 84,999 are not part of a standard lottery system, but the Elgordo lottery employs a unique system using them. Two bowls are required, one being used determining the winning number, while the second decides the prize value. To enter the lottery, one choice is a full ticket, called a “serie”. You can also go for the more affordable option called a “décimo”, which is worth one-tenth of a full ticket. Both serie and decimo have the same chance to win, but obviously the payout is proportional to which you bought to begin with. As a result many people playing the Elgordo lotto instead use the e-lottery system.
Using the e-lottery system, you’re guaranteed to win a prize. You will automatically be assigned a team following your choice to buy into the Elgordo Lottery syndicate. Each team is assigned an identifying number from zero to nine, the last number on the winning ball in the draw identifying the team that wins the payoff. The prize is distributed among the members. Afterward, subscriptions are offered for the syndicate ready for the lottery the following month.
The concept of sharing the prizes causes a little concern for some people. What you need to keep in mind is that when the amount being divided is 2.6 billion Euros, a single share works out at a substantial sum of money. With a guaranteed win each month, the e-lottery system is both more cost effective and less of a worry as you know you’ll get a return. The e-lottery is the truly smart way to go…
