Archive for the ‘Lottery’ Category

El Gordo Lottery – The World’s Largest Prize Fund Lotto

Friday, October 10, 2008 posted by mutsav

El Gordo Lottery - The World's Largest Prize Fund Lotto In December 2008 e-Lottery will be adding the El Gordo to its suite of lotteries offering individuals globally a vastly improved prospect of sharing in this huge Spanish lottery prize fund.

If this is the first time you have come across the Elgordo lottery, allow me to point out just how big a deal this lottery is to the vast majority of the Spanish population. The El Gordo lottery has been a national obsession in Spain since way back in December 1812 with enormous appeal generated by the Christmas draw each year. Believe it or not, 98% of the population play this Spanish National lottery every Christmas.

There are a number of fundamental reasons why so many Spaniards partake in the Christmas El Gordo draw. Firstly, there is the incentive of the largest lottery prize fund of any worldwide lotto game – £2.20 Billion! Secondly, there are 13,332 cash prizes to be won. Lastly, the chances of scooping a cash prize in the Christmas draw are a highly achievable 1 in 6.

With the amount of attention that is paid to the Christmas El Gordo lottery game, loads of individuals are unaware that there are 5 more El Gordo draws every year as well. These draws take place in January, March, May, July and November. Even though these five draws don’t enjoy the huge prize fund of the Christmas draw, they are sizable nonetheless, ranging from £78 million to £655 million. In addition, these games present almost three times as many prizes as the Christmas draw and odds of collecting a cash prize of an amazing 1 in 3.

The Spanish Christmas Lottery works in a different way to the majority of other international lotteries. A complete ticket ‘billete’ is very pricey, costing £200. However, these tickets are divided up into ten ‘decimos’ (tenths) each costing £20. When buying your tickets you have the choice of purchasing 1 decimo, a complete ticket, or a portion of a ticket. If you don’t buy the entire ticket, somebody else will purchase the rest of your ticket. For example, if you obtain two decimos, somebody else purchases three and another buys five decimos and your ticket wins £1000, then you will secure £200, £300 and £500 respectively. Due to the expense of purchasing a whole ticket, it is very common for families and friends to pool their lotto funds with each individual purchasing a single ‘decimo’ (tenth).

The odds of collecting a cash prize in the El Gordo lottery are excellent but if you choose to play as a member of one of e-Lottery’s El Gordo syndicates you will possess a 20 times improved chance of winning cash prizes in each draw.

e-Lottery is by no means a newcomer to the lotteries market; eLottery has been operating for over six years and in that time has built a membership of nearly 200,000 individuals through its UK lottery and Euromillions syndicates.

Come and discover the range of benefits of playing the El Gordo as a member of an e-Lottery syndicate and revel in the excitement of this mammoth Spanish National lottery.