The Man Who Won the Lottery 14 Times Using Math

[00:04] You know what they usually say when the probability of some event is very small, it's like winning the lottery, but what if I told you that there is a man who was able to win the lottery 14 times in a row in 30 years, and although such

[00:21] luck seems incredible, this is the true story of the genius of mathematics, Stefan Mandela. It all started in the 60s of the 20th century. A poor Romanian

[00:33] accountant barely made ends meet and could not really feed his family. His salary was very low, only 88 dollars a month, and living on such money was a real torment. Mandela could not find a higher-paying

[00:47] could not find a higher-paying job. It was a crime. He did not dare for job. It was a crime. He did not dare for moral reasons, and so he came up with the idea of making money on the lottery. For many

[01:00] people, such an idea would seem crazy. What are the chances of winning? One in a million, it is possible that less if you take into account the number of tickets issued for the winning combination and some other factors.

[01:13] He became a weekend mathematician free time. He spent his time analyzing mathematical problems and developing his own algorithm, and finally, several years later, the algorithm was ready. He

[01:30] called the model the result of his work combinatorial concentration. He did not disclose his method to anyone, but he claimed that in a lottery with 6 winning numbers, he could guess 5, which meant that

[01:44] one in several million to 1 in several thousand. You must agree that using his algorithm, Mandel enlisted the financial support of relatives and friends and

[01:57] bought a huge number of tickets whose combinations had a chance of winning. combinations had a chance of winning. His investments were not in vain. He won the first prize, which amounted to 19 thousand dollars. He repaid the debts of everyone who helped him

[02:10] and even made a significant profit of 1. 4 thousand dollars is enough to start a new life. And that's exactly what he did. Mandel packed his things and moved with his family to Western Europe, where they moved from place to

[02:25] place for 4 years, but this lifestyle was quite tiring, so they eventually settled in Australia. There, Mandel decided to continue his work in the lottery business and achieved success and

[02:39] became a citizen. In Australia, he gained access to the resources of the Commonwealth realms lottery, whose mechanism was much simpler than the Romanian one. Therefore, he carefully studied the

[02:55] British battery system, thought about it, and finally came up with an algorithm that subsequently algorithm that subsequently not only made him a millionaire but also led him to prison. But we've gotten too ahead of ourselves. Let's first figure out what

[03:09] Mandel's idea was, and his new advanced method was amazingly ingenious in its simplicity. Mandel realized that in order to win constantly, he had to acquire all possible combinations of numbers. I know it sounds

[03:23] like madness, but despite everything, he made this method quite working. His plan consisted of six steps. First, he calculated the number of all combinations of the chosen lottery. For example, in the lottery, six out of forty is 3 million eight hundred and

[03:40] six out of forty is 3 million eight hundred and thirty, 8380, a combination you can count yourself if you don't believe me. Second, Mandel chose a lottery in which the jackpot was at least three times the number of combinations. This was a

[03:53] necessary condition, since otherwise he either stayed with his or even lost, and you you'll understand why in a few seconds thirdly he needed to get money to buy tickets with every possible

[04:07] combination and this was the hardest part of the plan he needed to convince people that his method worked and then they you invested money in his business for this they needed to buy as many lottery tickets as possible and send them to him

[04:22] mandel promised them that he would share the winnings with them so after some time he managed to attract hundreds of sponsors who hoped to get their share of the who hoped to get their share of the jackpot fourthly he had to

[04:35] print literally millions of tickets this way he ensured that among these millions there were all possible winning combinations thanks to this approach mandel became a multiple lottery winner winning not only the

[04:51] lottery winner winning not only the jackpot but also 2 3 and more smaller prizes fifthly after printing the tickets he had to deliver them to official dealers and they had no choice but to accept these tons of paper because no matter how

[05:06] crazy it all seemed the whole operation was completely legal the British and Australian authorities simply could not believe that someone had the nerve to pull off something like this yes Stefan Mandel was a unique person and

[05:20] he probably guessed it himself and finally the sixth step was to take the prize and it was in this that Mandel needed the jackpot to be three times greater than the number of all possible combinations. The fact is that after winning, Mandel

[05:36] had to pay investors their share of the winnings, which meant that the more sponsors he had, the more money he had to give after winning the lottery, but that was not all, since Mandel had to pay the

[05:51] printing and transportation costs himself, as a result, he had a rather insignificant amount of money left on hand, so if the jackpot was smaller, he could so if the jackpot was smaller, he could even end up at a loss. That's the logic. Yes,

[06:09] but its implementation required a lot of effort from Stefan Mandel. He had to work around the clock, but over the years he managed to create the so- called lottery syndicate, a group of hundreds of investors who believed in his

[06:23] method and invested money in it. In the 1980s, the world entered the computer age and Mandel gladly took advantage of it. With new technology, he bought several computers and a dozen printers.

[06:37] The program worked according to the algorithm he invented, and now creating a combination became a very simple matter. By the end of the decade, he and his syndicate managed to win 12 lotteries in Australia and the UK,

[06:52] but his scheme could not go unnoticed, although it was completely legal. I liked the fact that one person does it again and again, so lottery laws in Australia were changed twice. It was forbidden to

[07:06] print tickets at home, now they could only be purchased in stores and only be purchased in stores and make wholesale purchases of tickets. Because of this, Mandela had to switch to the West. Despite repeated success, he did

[07:19] not earn much money, so now he wanted his name to thunder throughout the world and he decided to participate in the Virgin Sky lottery in the USA. It was 1992 and the

[07:31] lottery jackpot was even higher than three times the number of possible combinations. It was 27 million dollars in relation to seven million tickets. Just what Mandela needed, given his past achievements, he quickly gained support

[07:47] from 2,500 investors each of whom spent approximately $3,000 combinations, then he printed them at his base in Sydney and sent them to the United States, and then the big game began.

[08:04] Hired couriers tirelessly traveled throughout the state, paying for tickets in stores with checks worth $10,000 each. There was a catastrophic lack of time, and this A few hours before the deadline for purchasing tickets, one of the stores

[08:20] experienced technical problems and stopped processing transactions. As a result, out of 7.1 million tickets purchased by the Mandela syndicate, only five and a half million were processed. Now Mandela was forced to

[08:36] rely on luck. He could only hope that 1.6 million tickets did not contain a winning combination. The moment of truth came on February 15, 1992.

[08:50] The drawing was held live on television. Mandela's team frantically checked all the combinations to see if one of them was a winner, but luck smiled on them. They still won. The lottery syndicate took not

[09:06] only the jackpot, but also the second and third. The prize, as well as dozens of smaller prizes, eventually amounted to 30 million dollars. This became Mandel's biggest victory and he received the worldwide fame he dreamed of. But as we know, money

[09:23] dreamed of. But as we know, money corrupts people. Although Stefan Mandel became a millionaire, his investors received only small compensation and they could not even sue him for failure to fulfill his obligations because he

[09:37] performed technically smart. As a result, Mandel's actions led to the fact that in the United States, lottery laws were also changed so that no one else could Therefore, the model became the only person in history to do something similar.

[09:53] But he did not stop even after winning millions. As a result, in 2004, he received a 20-month sentence in an Israeli prison when he tried to repeat his

[10:05] lottery trick and lost. This probably greatly affected him because after his release from prison in 2006, he leads a quiet life on a tropical island off the coast of Australia. But he will always be remembered as a man who

[10:19] changed the lottery industry around the world. Have you ever participated in the Write in the comments. If you learned something new today, give

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