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A key part of the Euromillions Euro lotto is the Loteria de El Gordo – and you would do well to know more about this part. This lottery is widely known for payouts that number amongst the biggest worldwide – payouts that can be up to two point six billion Euros. Nor is this the lottery’s only claim to fame. The lottery offers odds of winning something to the tune of an amazing one in six, and these prizes might be any of over thirteen thousand different amounts. When you consider prizes given by competing lotteries, it has to be said that El Gordo’s offerings are extremely good!

There is one draw per month in the Euromillions Euro lotto. Three months a year see bigger drawings featuring even more substantive prizes. Largest and, incidentally, most popular of all these lotteries is “fat cat” “El Gordo” which is held around Christmas, while the other two bigger drawings are set for January (“El Nio”) and summer (“San Ildefonso”).

In an atypical approach to draws, the balls required by the El Gordo lottery sport five digits on each, these numbers ranging from 00,000 to 84,999. During the draw one ball is selected from a bowl to determine the winning ticket and another ball is drawn from a second bowl to determine the amount of the prize. To enter the lottery, one option is a full ticket, called a “serie”. You can also go for a cheaper option known as a “décimo”, valued at one-tenth of a full ticket. Unfortunately, both these choices are comparatively costly ways to play and neither will boost your chances of a payout. That is why many people playing the El Gordo lotto use the e-lottery scheme. Using the e-lottery system, you are certain to win a prize. You’re automatically assigned a team when you buy in with the El Gordo Lottery syndicate. Each team is assigned a number ranging from zero to nine when the drawing is held, the last number on the winning ball identifies which team will receive the money. A fair distribution of the prize among the members follows. After that, subscriptions are sold for the syndicate ready for the draw the following month.

Sharing the jackpots is cause for concern to some players. The thing to remember is there’s still a lot of money to go around when the original prize was over two and a half billion Euros. There’s no reason to worry with this system because you’re guaranteed to win something every month, and on top of that a share in the syndicate is a cheaper way to play. There is simply no better return…