The E-Lottery: What it Means to You October 30, 2009
Posted in : Better Bets, Lucky Web, Misc , trackbackIf this is the first you’ve heard of the El Gordo Lottery, a part of the Euromillions Euro lottery, you’ll definitely want to know more. Boasting payouts between 84 million and two point six billion Euros, the El Gordo Lottery claims one of the biggest jackpots in the world. However, that’s not the end of the story, not by a long shot. There is quite a lot more you certainly must know. The odds of becoming a prize winner are as high as one in six, and these prizes can be any of more than thirteen thousand different amounts. When compared with the prizes being pitched by other lottos, it has to be said that El Gordo’s offerings are really extremely good. In the Euromillions Euro lottery, one draw is made every month. Even bigger prizes can be won from special draws held three months a year. These 3 special lotteries occur in January, summer, and around Christmas; they are, in order, El Nio, San Ildefonso & El Gordo. Balls with numbers ranging between 00,000 and 84,999 are not part of a standard lottery system, but this draw employs an unusual approach using them. The system presses two bowls into service, one being used to determine a winner, while the second decides the prize value.
Thinking of entering this lottery draw? You have two choices; first, you can purchase a “serie” or a full ticket. Also available for purchase is a “décimo”, worth one-tenth of a full ticket. This is the cheaper option. Unfortunately, both both of these choices are comparatively expensive ways to play nor will either of them upgrade your prospects of a win anyway. For this reason the e-lottery system is used by many Euromillions Euro lottery players. Everyone is guaranteed to win a prize when they sign up for the e-lottery system. You are automatically pooled into a team following your buy into the El Gordo Lottery syndicate. With each team assigned a number ranging from zero to nine when the draw is made, the final number on the winning ball identifies which team will receive the money. All members receive their share of the money. In preparation for the next draw, the syndicate takes subscriptions once again and the e-lottery continues.
The concept of sharing the prizes causes a little concern to some people. The thing to remember is there’s still a lot of money to go around when the original prize was 2.6 billion Euros. You’ll find the syndicate system is far more cost effective, and knowing that you’ll share in a prize every month, there are no worries about constantly losing. E-lottery is the best way to play…
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