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Category Cars
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Created 2020-04-14
Owner freemexy
Title The man who won the lottery 14 times
Description The man who won the lottery 14 times This is the full version of a two-part series. Already read part one? Click here to skip to part two. If you’d prefer to listen, you can also scroll to the bottom of this post for an audio version.Get more news about 彩票包网平台,you can vist loto98.com Just after 11 PM on February 15, 1992, a janky ball machine at the Virginia State Lottery HQ spit out 6 winning numbers on live television: 8… 11… 13… 15… 19… 20. In the coming days, officials would find out that one “person” had secured not only the $27,036,142 jackpot, but 6 second prizes, 132 third prizes, and 135k minor prizes collectively worth another $900k. What unfolded next was the strangest, most improbable lottery tale in history — one involving thousands of international investors, dozens of complex computer systems, and a mathematical savant who’d masterminded the entire operation from the other side of the world.In the late 1960s, a young Romanian economist named Stefan Mandel was struggling to get by. At the time, Romania was under oppressive Communist rule, a period marred by poverty, job and food shortages, and “profound misery.” Mandel’s salary of 360 lei (US $10) a month was not enough to make ends meet, and, as he later told Planet Money, he needed a way to “get some serious money, quickly.” Many Romanians in Mandel’s predicament had, out of necessity, turned to lives of crime. But Mandel, a self-described “philosopher-mathematician,” saw another way out: The lottery.Top: Stefan Mandel spent more than a decade reading mathematical theories before winning his first lottery in the 1960s; Bottom: Mandel’s lottery feats made headlines in his hometown Romanian newspaper (Via Busra; Illustrations: The Hustle) Let’s take a step back here: What kind of idiot banks on winning the lottery? You’re literally more likely to win an Olympic gold medal, have identical quintuplets, or get crushed by a vending machine. Well, Mandel wasn’t just any guy — he was a natural with numbers who spent every spare minute analyzing theoretical probability papers written by the 13th-century mathematician Leonardo Fibonacci. And, after years of research, he wrote a “number-picking algorithm” based on a method he dubbed “combinatorial condensation.” “I’m a weekend mathematician, an accountant without too much education,” he later told a Romanian magazine. “But mathematics properly applied can guarantee a fortune.”If a player picked 6 numbers in a 49-ball lottery, his odds of winning were 1 in 13,983,816. If he selected 15 numbers (which required purchasing 5,005 games — one for each possible combination), his odds of winning increased to 1 in 2,794. Mandel claimed that his algorithm could reduce these 5,005 combinations to just 569. If the 6 winning numbers fell among his 15 picks, he’d be guaranteed to win at least a 2nd prize and hundreds of smaller prizes — and he’d have a 1 in 10 chance of winning the grand prize.Mandel banded together with 4 friends, each of whom bought 228 tickets per draw. Miraculously (and with a lot of luck), he won the first prize of 72,783 lei (about US $2k, or $16.8k adjusted for inflation). After expenses, he walked away with enough to bribe foreign ministry officials and flee Romania for a new life — and a bigger jackpot.
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