26 May 2016
Start packing your bags for paradise, because the Summer El Gordo raffle is about to take place, and it could be a massive winning season for you!
New to GiantLottos.com, the Summer El Gordo, or El Gordo de Verano, is the sister draw to the El Gordo Christmas lottery, one of the biggest draws not just in Spain, but in the world.
And now thanks to its summer drawing on 4 July 2016, you'll have the chance to share in another massive jackpot just in time for sun, sand, surf and a never-ending stream of cocktails!
"El Gordo" in Spanish literally translates to "the fat", and with a bumper prize pool of €140 million up for grabs, no prizes for guessing where the name came from!
That's because, held just once a year, this raffle draw has a bigger prize payout than the monthly Loteria Nacional Extra raffles - and with a 1 in 3 chance of winning a prize, fantastic odds too!
So how exactly does the Summer El Gordo work?
If you're already a fan of the Spanish Loteria Nacional Extra, you'll know that it's no ordinary lottery draw - instead, it's a raffle draw that involves you choosing tickets, instead of numbers.
Each of the 100,000 tickets issued by the raffle organisers is broken down into 10 shares, making the total amount of shares available an even 1,000,000.
Each ticket is then assigned a pre-populated 5-digit number ranging from 00000 to 99999, printed in series.
It's then up to you to decide which ticket you want to share in, and how many shares of one or more tickets you'd like to purchase.
Should your assigned ticket win a prize, you'll be paid out according to the number of shares you purchased - and with a 1 in 3 chance of winning, your odds of taking home a payout are more than good, they're excellent!
While some players choose to purchase all 10 shares of a ticket in order to win the full prize, many more choose to form a syndicate with family, friends or colleagues, sharing the cost of a full ticket between them.
In this way, you can collectively afford to buy more shares, more tickets, and ultimately win more as a result.
With approximately 35% of tickets sold set to win a prize, and a full 70% of ticket sales going toward the prize pool, the Summer El Gordo truly is a FAT jackpot, and one that's just waiting for you to claim your share!
Want to make this season a sizzling one?
Then make sure you purchase your ticket shares in the Summer El Gordo while you still can!
With only 100,000 tickets released, there are only a limited number of shares available, and you don't want to miss out!
There's a prize pool of €140 million on the line, and 4 July 2016 is when you'll have your chance to lay claim to the lion's share.
So, choose your tickets, buy your shares, and get ready to enjoy a summer of red-hot winnings, thanks to El Gordo and GiantLottos.com!