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If this is the first you’ve heard of the Elgordo Loteria, part of the Euromillions Euro lotto, you absolutely need to learn more. With payouts up to more than two and a half billion Euros, the Elgordo Lottery claims one of the richest jackpots in the world. This is not the lottery’s only claim to fame. With over thirteen thousand prizes being offered the chances of winning a prize work out to around one per every six. Not bad at all if you hold it against what competing lotteries can offer you. Each month the Euromillions Eurolottery holds one draw. Three months each see special lotteries promising way bigger prizes. The most substantial of all the draws is “fat cat” “Elgordo” which is held around Christmas, while the two other special lotteries are set for January - “El Nio” - and in the summer (”San Ildefonso”). Unlike other lottery draw systems, the Elgordo Lottery employs balls with five digits printed on each one ranging from 00,000 to 84,999. One ball apiece is drawn from two bowls; the first selection indicates the winner, the second the prize value. Thinking of entering this drawing? You have two choices; first, you can buy a full ticket, called a “serie”. There is also a cheaper option; called a “décimo” valued at one tenth of a full ticket. These tickets have an equal chance of winning, but of course the payout is proportional to how much you spent to begin with. This is the reason that the e-lottery scheme is used by many Euromillions Euro lottery players.

If you buy into this system, you are guaranteed a prize. You will automatically be assigned a team when you buy in to the Elgordo lottery syndicate. With each team having a number between 0 - 9, the last digit on the winning number picks the winners who will take the money. The prize is then divided among the team members. Everyone then subscribes again for the draw the following month and the cycle begins again. The concept of sharing the prizes is cause for concern to some people. What you have to remember is that when the initial amount is 2.6 billion Euros, a share works out at a healthy sum of money. As you’re guaranteed to win at every draw, the syndicate system is both less of a worry and more affordable. The syndicate is the truly smart way to play…