The E-Lottery System & the Elgordo Lotto — the 101
August 31st, 2009A major event within the Euromillions Euro lotto is the Elgordo Loteria - and you should want to know more about this part. The lottery is well known for payouts that number amongst the biggest wherever in the world you look - payouts as high as more than two and a half billion Euros. However this isn’t where it ends. There’s even more to it you will want to know about. The Elgordo Lottery puts more than thirteen thousand prizes up for grabs, which works out to a prize winner for every six tickets. A very remarkable rate when compared with the majority of other international lotteries. Once per month the Euromillions Euro lottery holds its draw. Three months each year play host to special draws featuring even grander prizes. The special drawings are scheduled to be in January, summer, and around Christmas; they are, in order, El Nio, San Ildefonso and Elgordo. Unusually for lottery systems, the balls required by the Elgordo lottery draw have five digits on each, with a numerical range from 00,000 to 84,999. In this system, a ball is selected from a bowl to find the winning number and another ball is pulled out of the second bowl to determine the value of the prize. If you would like to enter you can buy a full ticket known as a “serie”. Or, you can choose a cheaper option called a “décimo”, valued at one tenth of a full ticket. Unfortunately, both these choices are pricey ways to play and they won’t increase your chance of a win anyway. Because of this the Euromillions Euro Lotto has put an e-lottery system into place.
This system can guarantee a prize for every participant. You’re automatically assigned a team following your buy into the Elgordo 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. An equal division of the prize among the members follows. Everyone subscribes again for the draw the following month and it starts all over again.
It is typical to worry about whether it would be worth sharing the pots. What you have to remember is that when the amount being divided is over two and a half billion Euros, a single share is still a considerable return. As you’re guaranteed to win once a month, the syndicate is both more cost effective and less of a worry as you know you’ll get a return. The e-lottery is the truly smart way to go.
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