Stefan Mandel: the mathematical genius who defied luck and won the lottery 14 times

Stefan Mandel, a mathematician of Romanian origin, He is known for having won the lottery 14 times, an achievement that seems straight out of a fictional novel. Born in 1934, he began his career as an economist in Romania, where he developed his interest in mathematics applied to games of chance. His first big success came in the 1960s, when he won the Romanian lottery using a method he had designed himself.

Mandel’s method
It wasn’t based on luck.but in precise calculations and a well-planned strategy. He identified that, In certain drawings, the jackpot was significantly greater than the cost of purchasing all possible combinations of tickets. With this premise, Mandel He gathered a group of investors to buy as many tickets as possible in a drawing, thus ensuring that he would have the winning ticket. After his initial success in Romania, Mandel decided to emigrate to Australia in search of new opportunities. In his new home, he continued to perfect his method and He managed to win the lottery 12 more times.

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He also founded a company, Pacific Financial Resources, and a trust, International Lotto Fund, to manage his growing operation.. These moves allowed him to attract thousands of investors and accumulate a financing fund of millions of dollars. With these resources, Mandel was able to purchase tickets en masse and significantly increase his odds of winning. His success did not go unnoticed and He soon attracted the attention of authorities, including the FBI and CIA, who began investigating his activities.

Stefan Mandel’s mathematical method

Stefan Mandel’s method is based on a mathematical formula that he himself developed. This allowed him to calculate winning combinations with surprising precision and worked as follows:

1. Mandel was looking for lotteries where the jackpot was at least three times the cost of buying all the combinations possible tickets.
2. He brought together a group of investors willing to finance the massive purchase of tickets. This allowed him to spread the risk and secure the capital necessary for the investment.
3. He bought every possible combination of tickets, thus guaranteeing that one of them would be the winner.
4. Once he won the prize, Mandel distributed the profits among investors, keeping a significant portion for himself.

For example, in a lottery game that required the selection of six numbers between 1 and 40, there were 3,838,380 possible combinations. If the prize pool exceeded the total cost of purchasing all possible tickets, there would be a significant net profit.

SMM

Mandel organized a syndicate with other players to combine their resources and purchase a greater number of tickets, which increased his chances of success. This method, although effective, required a considerable investment of time and money. However, Mandel managed to perfect it and apply it successfully on multiple occasions, accumulating a considerable fortune.

(Read also: He found 20 dollars on the ground, bought a lottery ticket and tripled his fortune: how lucky!)

Impact and changes in legislation

Stefan Mandel’s success not only brought him wealth, but also notoriety. His revolutionary method led many countries to review and change the rules of their lotteries to prevent others from replicating his strategy. In Australia, for example, restrictions were implemented on the mass purchase of tickets and new regulations were introduced to protect the integrity of the draws.

Ynet

In the United States, Mandel also tried to apply his method, but was met with stricter legislation and greater surveillance by the authorities. Despite these challenges, his story remains a testament to how intelligence and creativity can overcome the most difficult odds.

Life after the lottery

After his lottery successes, Stefan Mandel chose to retire and lead a quieter life. He moved to a tropical island, where he lives away from the public eye. Although he no longer participates in lotteries and his method is no longer viable in most modern lotteries due to rule changeshis legacy lives on as a reminder that sometimes intelligence and planning can overcome even the toughest odds. His story continues to be known and inspires mathematicians and gambling enthusiasts around the world.