A major event within the Euromillions Euro lotto is the El Gordo Loteria – and you should want to learn about this part. Noted for having one of the richest jackpots worldwide, this wager offers payouts ranging from eighty four million to 2.6 billion Euros. Even that isn’t the only thing that is special here. In this lottery the odds of winning something are a staggering one in six, and these prizes can be any of more than thirteen thousand different amounts. Pretty good, actually, if you hold it against what comparable lotteries will pay out

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Did you know the probability of scooping the European Lottery jackpot is a far-off one : seventy six million but the probability of winning a cash prize is a fairly decent 1 : 24. When the jack-pot is not won in a given lotto draw, it is carried over to the following lotto draw which results in an ever increasing “jackpot” prize. Recent regulations brought in on the 09 February 2007 limit the amount of successive “rollovers” to 11, with the jack-pot rolled down to smaller value levels succeeding the eleventh lotto draw if the prize is not collected.