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A major event within the Euromillions Euro lottery is the Loteria de Elgordo which you may well wish to learn about. Noted for featuring one of the world’s richest jackpots, this wager offers payouts that can run up to 2.6 billion Euros. And yet there’s more. With over 13,000 prizes available, the odds of winning something work out to around one per every six. Not bad in comparison to the prizes promoted by other lotteries.

With the Euromillions Euro lottery one draw is made every month. Three months each see special drawings guaranteeing way bigger prizes. Largest and, expectably, most popular of all these draws is “Elgordo” which is held around Xmas, while the other special lotteries are set for January (”El Nio”) and in summer (”San Ildefonso”).

Unlike other lottery draw systems, the Elgordo Lottery employs balls sporting five digits apiece ranging from 00,000 to 84,999. One ball will be drawn from each of two bowls; the first selection indicates the winning ticket, while the second determines what the ticket is worth.

So how do you enter this lottery draw? You have two options; first, you can purchase a “serie” or a full ticket. There is also a cheaper option; called a “décimo” valued at one-tenth of a full ticket. Sadly, both both of these choices are comparatively costly ways to play and they don’t better your prospects of winning. As a result the Euromillions Euro Lotto also offers an elottery system.

When you employ the e-lottery system, you can be confident of winning a prize. You will automatically be assigned a team when you buy in to the Elgordo Lottery syndicate. These teams are assigned a number from zero to nine, the last digit of the winning number in the draw identifying the team which wins the prize. An even distribution of the spoils amongst the team comes next. Then, everyone renews their subscription for the next month’s draw and it starts all over again.

The concept of sharing the jackpots is cause for concern for some players. What you need to keep in mind is that when the initial amount is more than two and a half billion Euros, a single share works out at a healthy sum of money. With a guaranteed win at every draw, the syndicate system is both more affordable and less of a worry as you know you’ll get a return. There’s simply no better return…

This entry was posted on Saturday, November 14th, 2009 at 2:01 am and is filed under Baker's Dozen, Wagers, World Of Gambling. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.