E-Lottery & El Gordo Lotto - the Beginner’s Guide
A key part of the Euromillions Euro lottery is the Elgordo Loteria - and you would do well to learn about this part. Offering one of the richest jackpots on the planet, this game of chance offers pots of between 84 million and two point six billion Euros. This is just one of the lottery’s claims to fame. In this lottery the odds of winning something are an amazing one in six, and these prizes might be any of more than 13,000 different amounts. Not bad at all if you hold it against what competing lotteries will pay out!
Once per month the Euromillions Euro lottery holds its draw. Three months each see special draws offering significantly bigger prizes. The 3 special draws take place in January, summer, and around Christmas: respectively, they are El Nio, San Ildefonso and Elgordo. Unusually for lotteries, the balls used by the Elgordo lottery display five digits on each, these numbers ranging from 00,000 to 84,999. One ball will be drawn from each of two bowls; the first selection determines the winner, while the second determines what the ticket is worth.
Now, if you would like to have a chance to win you can get an entire ticket called a “serie”. Also available for purchase is a “décimo”, worth one tenth of a full ticket. This is the other option. These choices have an equal chance of winning, but obviously their payout varies according to how much you spent to begin with. As a consequence the Euromillions Euro Lottery has put an e-lottery system into place.
The e-lottery system can guarantee a prize for every participant. Simply buy into the Euromillions Euro Lotto syndicate which will then pool you into teams. With each team having a number between zero and nine, the last digit on the winning ball picks the winning team who will take the money. All members receive an even share of the prize. Following that, subscriptions are taken for the syndicate ready for the lottery held next month.
Sharing the pots causes a little concern to some people. The thing to remember is there’s still a lot of money to share out when the original prize was 2.6 billion Euros. With a guaranteed win each month, the syndicate system is both less of a worry and more affordable. There’s simply no better return…
