The El Gordo Loteria is part of the Euromillions Euro lotto, but if that’s all you’ve heard you should really get to learn more. The lottery is widely known for top payouts that are among the world’s richest - payouts as high as more than two and a half billion Euros. And yet there’s more. With over 13,000 prizes available, the odds of winning something mean that there is one winner per six tickets. When compared with the prizes given by other lotteries, that’s pretty good.

Once a month the Euromillions Euro lottery holds a draw. Three months a year play host to special lotteries guaranteeing significantly grander prizes. The special draws are scheduled to take place in January, summer, and at Christmas: these are, in order, El Nio, San Ildefonso & El Gordo.

Unlike other Euro lottery systems, the El Gordo Lottery utilizes balls with five digits printed on each ranging from 00,000 to 84,999. In this system, one ball is drawn from a bowl to determine the winning number and another ball is drawn from a second bowl to find the value of the prize. Wondering how you enter this drawing? There are two options; the first is that you can purchase a “serie” or a full ticket. Also available is a “décimo”, worth one-tenth of a full ticket. This is the cheaper option. Neither alternative is especially cheap, though, and obviously neither has better odds of being one of the 1/6 winning tickets. For this reason the e-lottery scheme is used by many Euromillions Euro lottery players. This system promises a prize for every participant. You are automatically pooled into a team following your buy into the El Gordo lottery syndicate. With each team having a number between 0 - 9, the final digit on the winning ball signifies the winning team who will go on to take the money. The prize is divided equally among the members. Then, everyone renews their subscription for the draw the following month and the cycle begins again. It’s natural to feel some concern as to whether it would be worth sharing the prizes. The thing to remember is there’s still plenty to share out when the original prize was more than two and a half billion Euros. You’ll find the e-lottery is far more cost effective, and knowing that you’ll share in a prize once a month, there are no worries about constantly losing. It’s the smartest approach to the Euromillions Euro lottery…