Man wins lottery 14 times with clever and legal formula - this is how he did it
Most of us have dreamed of winning the lottery or what we’ll do with all that money. Some people dream of traveling the world, while others would rather get their dream house. Sadly, for most of us, winning the lottery boils down to sheer dumb luck.
For Stefan Mandel, a struggling Romanian economist, just dreaming of winning the lottery wasn’t enough. He came up with a genius solution that’ll guarantee his success, says the report on mirror.co.uk. The math whiz discovered a way that could guarantee him a new life and it didn’t involve any illegal acts. A true jackpot.
On February 15, 1992, just after 11PM, the Virginia State Lottery HQ was spitting out the 6 numbers that’ll change one lucky person’s life. The numbers were 8, 11, 13, 15, 19, and 20.
In the days that followed, officials would discover that the same lucky person that won the Jackpot of $27,036,142 also won 6-second prizes, 132 third place prizes, and 135 minor prizes all amounting to about $900k.
After spending years on research and combing over mathematical theories, Stefan wrote a “number picking algorithm” based on a method he dubbed the “combinatorial condensation.”
Stefan claimed that with his method, he could predict five of the six winning numbers accurately. This meant that the number of possible combinations for a winning lottery number reduced from millions to mere thousands.
He and some friends decided to take the risk and bought large blocks of lottery tickets containing the combinations his formula had deemed likely to win. The risk paid off and he won first prize.
“I'm a man who takes risks, but in a calculated way,” he told the Romanian paper Bursa in 2012.
“Trimming my beard is a lottery: There is always the possibility that I'll cut myself, get an infection in my blood, and die — but I do it anyway,” he said.
“The chances are in my favor.”
The jackpot sum amounted to 78,783 Romanian lei –approximately £15,000. After paying off taxes,debts and other expenses, Stefan still had about £3,000 to his name, a huge sum considering he had nothing not long ago. That money was enough for him to leave and try his formula abroad.
Stefan convinced a pool of investors to come together and build a lotto syndicate. He then invented a clever system that allowed computers to fill out tickets using every possible number combination. They won 12 lotteries and thousands of minor prizes across the UK and Australia
It wasn’t long before lottery authorities got clever to the scheme and changed the rules to ban buying tickets in bulk as well as computer-printed form.
However, Stefan had a backup plan. He set up another company, Pacific Financial Resources, convinced the second group of investors to put in the money, and employed 16 people from a Melbourne warehouse to print millions of tickets.
They won the Jackpot and other minor prizes again.
After that, it seemed his luck ran out. After failing to set up a lottery system in Gibraltar, he filed for bankruptcy in 1995. He served a 20-month jail term in Israel for an investment fraud.