Presignify

If you haven’t heard of the El Gordo Lottery, part of the Euromillions Euro lotto, you definitely need to learn more. This lottery is noted for jackpots that can match the world’s biggest - payouts as high as 2.6 billion Euros. And neither is this the lottery’s only claim to fame! The El Gordo Lottery puts more than 13,000 prizes up for grabs, which works out to a one in six chance to win a prize. That’s a surprisingly good rate when compared with other international lotteries.

Each month the Euromillions Euro lotto holds a draw. Grander prizes can be won at featured drawings held during three months around the year. Richest of all the drawings is the Xmas lottery “El Gordo” (being “Fat Cat”), while the other special draws take place in January (”El Nio”) and the summer (”San Ildefonso”). 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 using them. Two bowls are employed, with one used to decide a winner, while the second decides the prize value. Interested in entering this drawing? You have two choices; first, you can purchase a “serie” or a full ticket. The other option is cheaper; called a “décimo” which is worth one tenth of a full ticket. Both serie and decimo have the same chance to win, although their payout is proportional to what you spend at the start. That’s why many players of the El Gordo lotto use the e-lottery system.

The e-lottery system guarantees a prize to everyone who takes part. You’re automatically pooled into a team when you buy in to the El Gordo Lottery syndicate. These teams are assigned a number from 1-9, the last number on the winning ball in the draw being used to identify the team that will receive the payoff. The money is distributed among the team members. Everyone renews their subscription for the draw the following month and the cycle begins again.

Some people feel concerned when they hear that they have to share these big pots. But when you take into account how much 2.6 billion Euros really is, there’s still lots of money for everybody. As you’re guaranteed to win at every draw, the syndicate system is both less of a worry and more affordable. It’s the smartest way to go the El Gordo lottery…