Stefan Mandel: the man who won the lottery 14 times
The New Zealanders love a gamble in a online casino games and in addition, massively buy tickets for lotteries in the store. The New Year's Lottery has more than seven million participants annually, of which only one participant may ultimately call himself a millionaire. Winning the lottery is only for a few, but Stefan Mandel really made it work. In early 1992, the Romanian won the jackpot in the US state of Virginia. However, it did not stop there, because the same player also won the second prize six times, the third prize 132 times and 135 other prizes. Mandel managed to win the jackpot in the lottery no less than 14 times in his life and that was certainly no coincidence. The winner played along in one way, he decided to bet on all possible combinations.
Combination condensation
As a young adult, Mandel hardly made it around in the Sixties. The communist regime created the necessary pressure in Romania, and Mandel earned only $ 75 a month. The self-proclaimed mathematician decided to completely turn his life around and crack the lottery. The Romanian did everything to get to know probability calculation and even created his own algorithm, called the combination condensation.
The algorithm predicted five of the six winning numbers, giving his chances of winning an extreme boost. Mandel gathered friends and acquaintances and together we actually went to buy all possible combinations. Mandel won and was allowed to add an amount of $ 16,000 to his account. The Romanian was able to leave his country with the money and eventually went to live in Australia.
Lotteries with 40 numbers
Most lotteries consist of 50 numbers, where the participant must correctly predict six numbers. The probability of winning is 1 in 16 million. The famous dollar Millions lottery makes it even more difficult for players and offers a chance of winning 1 in 140 million. Mandel found out about a mistake. The player found out that lotteries with 40 numbers offered a unique opportunity. The probability of winning the main prize was 1 in 3,838,380, while one ticket was available for only $ 1.00. If the jackpot is 20 million dollars, then any possible combination can be bought and a huge win is a certainty.
Mandel's idea, of course, was great, but it was not an easy assignment. The Romanian had to buy every lot, but also fill in all the numbers again and again. Mandel also managed to find a solution for this and decided to create a system that took all the work out of hand. The Romanian, by the way, received financial assistance from a group of investors.
Mandel wins 12 jackpot prizes
Mandel decided to move forward with his system and got to work with his investor group. The mathematician won no less than 12 times the jackpot and several tons of additional cash prizes in a short time. Mandel noticed that a significant part of his income went to the tax authorities, and the lotto organizations began to take measures. For example, it was no longer possible to buy an extreme amount of lottery tickets in the store.
Mandel did not let it sit there and looked for a solution. Soon the Romanian decided to take part in the Virginia Lottery. All his money was put into the new project. The choice of the lottery in question did not come out of thin air. Mandel could buy tickets without limit and also print them himself. In addition, there were 44 numbers present in the game, which allowed just over seven million combinations.
The International Lotto Fund
The International Lotto Fund was founded by Mandel. The mathematician managed to find 2524 people who wanted to invest at least 3000 dollars in the project. As a result, an amount of about nine million dollars was released. Mandel managed the project from Australia and hired employees. The Romanian printed as many as seven million forms within a period of ninety days. There was one certainty, the winning combination was in between.
All forms were shipped to America, for which 60,000 dollars had to be deposited. As soon as the jackpot reached a high score, the forms were exchanged for lottery tickets. In February 1992, the more than seven million forms were exchanged for the lottery with a jackpot of 27 million dollars. The forms were exchanged at hundreds of points of sale within a period of three days. However, there was one store that still refused the big sale, bringing the total number of tickets purchased to 5.5 million. The winning fate turned out to be in between, making it a successful project.
Does the combination condensation still work?
It is no longer possible to win the jackpot by buying all possible combinations. There are no more lotteries that offer the opportunity to win prizes higher than the purchase of all combinations costs. Of course, there are still lotteries where the jackpot goes to the person who correctly predicts six numbers. However, one of the bonus numbers will have to be guessed correctly. Winning the jackpot can only be achieved by being extremely lucky. Among others casino games will there ever be strategies used. This is how the well-known roulette often used by the martingale roulette strategy , this strategy can also be used in other games such as blackjack .