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Playing the El Gordo with the E-Lottery System September 21, 2009

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A major event within the Euromillions Euro lotto is the Loteria de Elgordo which you may find it worthwhile to know more about. Promising payouts between eighty four million and more than two and a half billion Euros, the Elgordo Lottery offers one of the world’s richest jackpots. But do read on — because that’s not the end of the story. There is a whole lot more you really must know. The Elgordo Lottery makes available more than thirteen thousand prizes, which works out to a prize winner per every six contestants. Not bad if you hold it against what other branded lotteries can offer! With the Euromillions Euro lottery, there is one monthly drawing. But three months each year are scheduled for special drawings for yet bigger prizes. These 3 special drawings are held in January, summer, and at Christmas; in order, these are El Nio, San Ildefonso & Elgordo (which is Spanish for “Fatso”).

Unusually among lottery systems, the balls required by the Elgordo lotto have five digits on each, these numbers ranging from 00,000 to 84,999. Under this system, a ball is selected from a bowl to identify the winning number while a second is drawn from the second bowl to decide the prize value.

Interested in entering this lottery? You have two choices; the first is that you can get a “serie” or a full ticket. Also available for purchase is a “décimo”, which is worth one tenth of a full ticket. This is the other option. Neither choice is particularly cheap, though, and equally neither has an optimal chance of being one of the 1/6 winning tickets. As a result the Euromillions Euro Lotto also offers an e-lottery system. This system can guarantee a prize for every participant. Just buy into the Elgordo Lottery syndicate and they’ll sort you into teams. 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 which wins the money. This money is then divided among the members. Then, everyone renews their subscription for the next month’s draw and it starts all over again. It is typical to wonder whether it would be worth sharing the payoffs. The thing is, there’s still a lot of money to go around when the original prize was 2.6 billion Euros. With a guaranteed win once a month, the e-lottery syndicate system is both less of a worry and more affordable. It’s the smarter strategy for the Elgordo lottery…

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