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The El Gordo Loteria is a part of the Euromillions Euro lotto, but if you don’t know anymore than that here’s some actionable information. Boasting one of the world’s richest jackpots, this wager offers pots up to 2.6 billion Euros. This is just one of the lottery’s claims to fame. The El Gordo Lottery offers up more than thirteen thousand prizes, consequently giving you a prize winner per every six tickets. When you consider the prizes given by competing lottos, that’s nothing to be scorned!

There is one draw per month held by the Euromillions Euro lottery. But three months a year are dedicated to special draws for grander prizes. More specifically: January’s “El Nio”, the Summer “San Ildefonso”, and the Christmas “El Gordo”, literally: “the fatso”, with the Xmas draw being the grandest and most popular of the lot.

Balls with numbers in a range between 00,000 and 84,999 are not typical in lottery systems, but this draw employs a unique system taking full advantage of them. One ball will be drawn from each of two bowls; the first draw indicates the winner, the second what the ticket is worth. If you would like to have a chance to win you can get an entire ticket known as a “serie”. The other option is cheaper; called a “décimo” valued at one tenth of a full ticket. Both serie and decimo have the same chance of winning, but obviously the payout varies according to which you bought to begin with. As a result many people playing the El Gordo lotto take advantage of the e-lottery system.

When you buy into this system, you can be confident of winning a prize. You simply buy your way into the El Gordo Lotto syndicate where you’re pooled into teams. With each team numbered between zero and nine, the last digit on the winning number determines the winning team who will take the prize. All members then receive their share of the prize. Everyone renews their subscription for the draw the following month and the cycle begins again.

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It’s common to feel some concern as to whether it would be worth sharing these jackpots. What you have to remember is that when the initial amount is more than two and a half billion Euros, a single share is still a healthy sum of money. There’s no reason for concern playing by e-lottery – you’re guaranteed to win a prize during each draw, and a place in the syndicate is a more affordable approach. It’s the smarter way to go the El Gordo lotto…