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Monday, December 23, 2024

The odds of winning the Children’s Lottery versus the Christmas Lottery: which is greater?

Celebrated on Christmas Lottery Draw 2024there are many people who, whether they have been lucky or not, set their sights on the next big draw of the Spanish Lottery: the Child’s Raffle.

Although less popular than its Christmas “brother”, the Sorteo del Niño, which is celebrated every January 6 for Three Kings’ Day, distributes a total amount of 700 million euros in prizesso it is an opportunity to make up for the Christmas Lottery and get one of its great prizes.

These are the prizes distributed by the Children’s Lottery

The first prize of the Lotería del Niño is endowed with 2 million euros to the serieswhile the second prize is with 750,000 euros for the series.

  • First prize: 2,000,000 euros per series.
  • Approximations of the first prize: 12,000 euros.
  • Second prize: 750,000 euros per series.
  • Approaches to second prize: 6,100 euros.
  • Third Prize: 250,000 euros per series.
  • Four-figure extraction: 3,500 euros.
  • Hundreds of the first, second and third prize (first three figures): 1,000 euros.
  • Extraction of three figures: 1,000 euros.
  • Three and two last figures of the first prize: 1,000 euros.
  • Last three figures of the second prize: 1,000 euros.
  • Extraction of two figures: 400 euros.
  • Refund or last amount of the first prize: 200 euros.
  • First special extraction of a figure: 200 euros.
  • Second special extraction of a figure: 200 euros.

Which draw are you most likely to win: Christmas or El Niño?

Although it is usually less popular than the Christmas Lottery, many people do not know that in reality in the El Niño there are more chances of winning: the probability of getting a prize in the Three Kings’ Day draw is 7.82%while for Christmas it is 5.30%.

Although both draws have the same amount of numbersin the Christmas Lottery there are 100,000 numbers and 15,304 prizes, while in the Children’s Lottery there are the same numbers, but there are 37,920 prizes; that is, 22,616 more.

Besides, the possibility of getting a refund increasessince the Children’s Lottery dedicates 30% of the amounts to reimbursement, while at Christmas it is only 10%. Therefore, the possibilities of obtaining some amount, even the minimum, is multiplied exponentially. Of course, since only one of the 100,000 numbers is awardedthe probability of winning the ‘Jackpot’ of both prizes is the same: 0.00001%.

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