El Gordo Lottery

If you are new to the Elgordo lottery, let me 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 for a long time with enormous appeal generated by the Christmas draw each year. Believe it or not, 98% of the population play this Spanish National lottery each Christmas.

There are a number of underlying reasons why so many Spaniards play a part in the Christmas El Gordo draw. Firstly, there is the incentive of the largest lottery prize fund of any worldwide lotto - 2.20 Billion Euros! Secondly, there are more than 13,000 cash prizes to be won. Finally, the probability of scooping a cash prize in the Christmas draw is an excellent 1 in 6.

With the amount of interest that is given to the Christmas El Gordo lottery draw, a lot of people are unaware that there are 5 further El Gordo draws each year as well. These take place in January, March, May, July and November. While these five games don't enjoy the huge prize fund of the Christmas game, they are sizable nonetheless, ranging from 78 million Euros to 655 million Euros. What's more, these games offer nearly 3 times as many prizes as the Christmas draw and odds of picking up a cash prize of a hugely achievable 1 in 3.

The Spanish Christmas Lottery works in a different way to the majority of other lottery games. A complete ticket 'billete' is very pricey, costing 200 Euros. However, these tickets are divided up into ten 'decimos' (tenths) each costing 20 Euros. When purchasing your tickets you have the option of buying 1 decimo, a whole ticket, or a portion of a ticket. If you don't purchase the whole ticket, someone else will buy the rest of your ticket. For example, if you obtain two decimos, someone else buys three and someone else buys five decimos and your ticket collects 1000 Euros, then you will secure 200 Euros, 300 Euros and 500 Euros in that order. Due to the price tag of purchasing a whole ticket, it is typical for families and friends to pool their lottery money and each individual purchase a single 'decimo' (tenth).

The odds of winning a cash prize in the El Gordo are tremendous and you no longer have to live in Spain to play. You can now buy your El Gordo tickets from a number of reputable online lottery ticket sales agents regardless of where you reside globally. As a result, anyone can now revel in the excitement of this enormous Spanish National lottery.

Author: Gavin Evans