Chile Clasico Loto, also known as Loto Chile or simply Loto, is one of the most popular lotteries in South America. With jackpots that can grow to huge amounts and incredible odds, it’s easy to see why this game attracts so much attention. In this Chile Clasico Loto review, we’ll go over what this lottery has to offer and tell you whether it’s worth a try.
About Chile Clasico Loto
Launched on November 17, 1989, Clasico Loto continues to use the same format that has been in place since the very first draw, though additional games have been added to make the game even more appealing. This is just one testament to the popularity of the game, which is run by Polla Chilena de Beneficencia, the state-run lottery organization.
Clasico Loto Draws
Chile Loto is a tri-weekly game with draws held every Tuesday, Thursday and Sunday at 9 PM (CLST). The draws are held at the Polla Chilena de Beneficencia headquarters in the Chilean capital, Santiago. During the draws, a total of seven numbers are randomly selected-six main numbers and one wild card, or bonus number, called the Comodin.
How to Play Clasico Loto
Chile Clasico Loto has an easy game format where players have to choose six main numbers from a ball pool of numbers 1 through 49 and one bonus number, called the Comodin. To win the jackpot, a player must match all six main numbers. The Comodin ball only applies to the second, fourth, sixth and eighth prize tiers and not the jackpot tier. A standard ticket purchased from an official retailer within Chile costs CLP1,000.
One of the features that make Chile Clasico such an appealing game is the many add-on games that players can select on their ticket. There are four additional games that players can choose: Recargado, Revancha, Desquite and Jubilazo. Recargado gives players another chance of winning a prize with the same numbers, as do Revancha and Desqutite.
Jubilazo is a separate draw which gives players the chance to win CLP1 million or CLP500,000 a month for 20 years. Players can also select the Multiplicar option, which multiplies all prizes except the jackpot if they should win.
Each of these add-ons comes at an additional price: CLP500 for Recargado, CLP300 for Revancha, CLP200 for Desquite, CLP500 for Jubilazo and CLP500 for Multiplicar. A ticket that includes each of these add-ons costs a total of CLP3,000.
Clasico Loto Prizes and Odds
Each Loto Chile jackpot starts at a minimum of CLP250 million. Each time the jackpot isn’t won it rolls over and increases for the next draw. There is no jackpot or rollover cap, which has allowed for some very big jackpots in the past. There are a total of eight prize tiers, giving players many opportunities to walk away with some money when they buy lotto tickets for Clasico Loto.
Another feature that makes Clasico Loto a game that you don’t want to overlook is the incredible jackpot odds. With odds of 1 in 4,496,388 of winning the top prize, this lottery has some of the best odds in the world. The overall odds of winning any prize are 1 in 8.9, which are also pretty great.
The odds of winning each prize tier and their respective estimated winnings are as follows:
Odds of Winning
1 in 4,496,388
5 + Comodin
1 in 749,398
1 in 22,041
4 + Comodin
1 in 8,816
1 in 534
3 + Comodin
1 in 401
1 in 38
2 + Comodin
1 in 50
Claiming Clasico Loto Prizes
All lucky winners have just 90 days from the draw date to claim their prize. Prizes are paid out to winners in a lump-sum payment and they do not have the option of an annuity. Players within Chile must pay a 17% tax on their prizes before taking home their winnings. However, players who buy lottery tickets online through a third-party retailer may also have to pay taxes on their prize in accordance with the tax laws of their country of residence.
Notable Chile Clasico Winners
The unlimited rollovers and lack of a jackpot cap means that Clasico Loto prizes can get pretty big, despite the great odds of winning. The largest prize in the game’s history was awarded on February 5, 2019, when an incredible CLP10.66 billion was won. That jackpot was a result of 43 consecutive rollovers.
Chile Clasico Loto-Should You Play?
Chile Clasico Loto has a lot to recommend it. From the rollover jackpots that have no cap, to the amazing jackpot odds and easy format, this is an exciting game that can be enjoyed by both new and experienced players. If you want to try your luck at winning a life-changing jackpot, we think Chile Loto could be the game for you.