Paraphrenitis Blog

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. The lottery is noted for jackpots that are among the biggest wherever in the world you look – payouts up to two point six billion Euros. Even that is not the only thing that’s special here. With more than thirteen thousand prizes being offered, your chances of winning a prize work out to around one in every six. Not bad if you hold it against what other major lotteries will offer you.

There is one draw per month held by the Euromillions Euro lottery. Bigger prizes can be won from bigger lotteries held during three months a year. The bigger draws occur in January, summer, and at Christmas: respectively, they are El Nio, San Ildefonso & El Gordo.

Balls numbered between 00,000 and 84,999 are not typical in lottery systems, but this draw employs a unique system taking full advantage of them. The system requires two bowls, with one used in determining the winning number, the second the amount. Should you want to enter you can buy an entire ticket known as a “serie”. Or, you can choose the cheaper option called a “décimo”, valued at one-tenth of a full ticket. Both serie and decimo have the same chance of winning, although of course their share of the payout is proportional to which you bought at the start. As a result many players of the Euromillions Euro lottery instead use the e-lottery system.

With the e-lottery system, you’re guaranteed a prize. You just buy your way into the El Gordo Lottery syndicate which will then sort you into teams. These teams are assigned a number from 1-9, the last digit of the winning number in the draw being used to identify the team which wins the payoff. Every member will then receive their share of the money. Everyone then renews their subscription for the next month’s lottery and it starts all over again. It’s common to worry about whether it’s worth sharing these jackpots. But when you stop to think how much over two and a half billion Euros is actually worth, there’s still plenty for everybody. With a guaranteed win at every draw, the e-lottery is both less of a worry and more affordable. It’s the smarter approach to the El Gordo lotto…