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What is a Jackpot Everything you need to know

When there are no winners in one or more draws, the amount which is not distributed in prizes goes to a fund where the amount is accumulated for subsequent draws, that is known as a jackpot. The jackpots are usually several million euros and, when it is related, it is understood as the approximate prize that a single winner would receive in a given draw. If there were more winners, that prize would be distributed among the different winners of the first category.

When the Jackpots are available?

Whether there is a jackpot depends on the type of draw and how the previous draws have gone. Based on this, we can say that there are two types of jackpots:

  • Fixed jackpots: there are draws like the EuroMillions that always have a minimum jackpot (17 million euros). Other draws establish a fixed prize for the winner, as in the case of the National Lottery
  • Variable jackpots: these jackpots depend on the fact that there have been one or several draws without prizes, so the lottery organizer establishes when a draw containing a jackpot is available