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When you first come across the El Gordo Loteria, part of the Euromillions Euro lotto, you’ll certainly want to learn more. With payouts that can be as high as 2.6 billion Euros, the El Gordo Lottery offers one of the richest jackpots worldwide. But that’s not the end of the story, not by a pretty long shot. There is a whole lot more to it you definitely must know about. The chances of winning a prize of some sort are as high as one in six, with more than thirteen thousand different amounts. When you consider the prizes given by competing lottos, you’ve got to hand it to them that El Gordo’s offerings are extremely good.

There is one draw per month held by the Euromillions Euro lottery. But three months each year are scheduled for bigger draws for even bigger prizes. These are January’s “El Nio”, the Summer “San Ildefonso”, and the Xmas “El Gordo”, literally: “the Fat Cat”, with the Christmas El Gordo drawing being the biggest and most popular of the 12.

Balls with numbers ranging between 00,000 and 84,999 are not part of a standard lottery system, but the El Gordo lottery employs an unusual approach using them. Under this system, a ball is drawn from a bowl to find the winning number while a second is pulled out of a second bowl to determine the prize value.

To enter the lottery, your first option is a full ticket, called a “serie”. Also available is a “décimo”, which is worth one tenth of a full ticket. This is the other option. Unfortunately, both these choices are pricey ways to play and neither increases your odds of winning in any case. For this reason the e-lottery system is popular with many Euromillions Euro lotto players.

Everyone’s guaranteed to win a prize if they go for the e-lottery system. You simply buy your way into the Euromillions Euro Lotto syndicate which will then divide you up into teams. With each team having a number between 0 and 9, the last digit on the winning number picks the winning team who will go on to take the money. Each member will then receive an even share of the prize. Everyone subscribes again for the next month’s lottery and the cycle begins again. Some people are concerned when they hear that they would have to share these big pots. But when you take into account how much 2.6 billion Euros is actually worth, there’s still lots of money to go around. No need for concern playing by e-lottery - you’ll win your share in a prize during each drawing, and on top of that a share in the e-lottery is a cheaper way to go. Trust me on this one, there’s no more effective way to play…