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A key part of the Euromillions Euro lottery is the El Gordo Loteria - and you would do well to know more about this part. The lottery is famous for payouts that number amongst the biggest around the world - payouts as high as more than two and a half billion Euros. And yet there’s more. With more than 13,000 prizes being offered the chances of winning a prize work out to around one in every six. A very remarkable rate when compared with the majority of other major lotteries.

In the Euromillions Euro lotto, there is one monthly drawing. Three months each see bigger drawings featuring even more substantive prizes. Richest (and most popular) of all the drawings is the Christmas lottery “El Gordo”, while the other two special lotteries are in January - “El Nio” - and in summer (”San Ildefonso”).

Unusually for lottery systems, the balls used in the El Gordo lottery draw sport five digits on each, these numbers ranging from 00,000 to 84,999. During the draw a ball is selected from a bowl to determine the winning ticket while a second is pulled out of a second bowl to determine the amount of the prize. To enter the draw, your first option is a full ticket, known as a “serie”. You can also choose a cheaper option known as a “décimo”, valued at one tenth of a full ticket. Neither choice is especially cheap, however, and obviously neither has better odds of being a winner. As a result the Euromillions Euro Lotto has put an e-lottery system into place.

Everyone’s assured of winning a prize if they sign up for the e-lottery system. Simply buy into the Euromillions Euro Lottery syndicate where you’re divided up into teams. Each team is assigned a number from zero to nine when the draw is made, the final digit of the winning number determines which team receives the prize. The money is then divided among the members. After that, subscriptions are taken for the syndicate ready for the lottery the following month.

It’s natural to wonder whether it would be worth sharing these prizes. What you need to keep in mind is that when the initial amount is 2.6 billion Euros, a single share is still a considerable return. No need for concern playing by e-lottery - you’re guaranteed to win a prize during each draw, and a share in the e-lottery is the cheaper approach to playing. The e-lottery promises the best return of them all…