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The El Gordo Loteria is part of the Euromillions Euro lottery, but if you don’t know anymore than that there’s a great deal more to discover. Renowned for having one of the world’s biggest jackpots, this simple wager offers payouts up to more than two and a half billion Euros. This is just one of the lottery’s claims to fame. With over 13,000 prizes being offered, the chances of winning a prize work out to around one in every six. Not bad if you hold it against what comparable lotteries are willing to offer you.

To enter the draw, your first choice is a full ticket, called a “serie”. The other option is cheaper; called a “d©cimo” worth one tenth of a full ticket. These options have the same chance of winning, although their share of the payout varies according to what you spend to begin with. For this reason the e-lottery scheme is popular with many Euromillions Euro lottery players.

Each month the Euromillions Euro lotto holds a draw. More substantial prizes can be won at bigger drawings held during three months around the year. These three bigger draws occur in January, summer, and at Christmas: these are, in order, El Nio, San Ildefonso and Elgordo.

Unlike other Euro lotto systems, the El Gordo Lottery employs balls with five digits printed on each ranging from 00,000 to 84,999. During the draw a ball is selected from a bowl to determine the winning ticket and another ball is drawn from a second bowl to find the amount of the prize.

The e-lottery system guarantees a prize to every participant. You will automatically be assigned a team follwing your choice to buy into the El Gordo Lottery syndicate. These teams are assigned an identifying number from 1-9, the last number on the winning ball in the draw being used to identify the team that will win the payoff. This prize is distributed among the team. Then, everyone subscribes again for the next month’s draw and it starts all over again.

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