Many children start fearing mathematics from an early age. Because of this, even as they grow up, they start running away from this subject. But some people like this subject so much that they become its magicians. They make their lives easier by using mathematics not only in the academic field but also in everyday life. There was one such person in Romania, whose mathematics (Mathematician win lottery 14 times) was so good that he made himself rich by using it, started earning a lot, but despite that his luck did not support him and he became poor.
According to the Daily Star website, Stefan Mandel, a resident of Romania (Romania mathematician lottery), was a mathematician. He used to get only 7 thousand rupees as salary. He thought of changing his life and earning money using mathematics. He prepared a simple formula using mathematics, through which he started winning big prizes. But due to his methods, he had to go and live in different countries.
Created your own unique algorithm
According to the New York Post, Stephen is 90 years old. After a lot of research, he created an algorithm to choose a number. Its name was “combinatorial condensation”. He found that the cost of buying a lot of tickets to play the lottery based on all the equations of numbers in the lottery is much less than the jackpot of the lottery. That is, to win a lottery, he used to buy a lot of tickets, and by creating different combinations of them, he used to win the jackpot. In this way, he started earning profit.
His method was not illegal, but he suddenly came under the radar of investigative agencies because of winning so much lottery. (Photo: Twitter/@MandelStefan)
Started winning the lottery in a special way
If a game requires choosing 6 numbers between 1 and 40, then in that case 38,38,380 combinations can be made from those numbers. For this reason, Stephen formed a lottery syndicate. These were some people who would pool their money and play the lottery together. They would buy tickets together, which would increase their chances of winning. He bought a lot of tickets with his syndicate and won the biggest prize of about Rs 16 lakh. When they divided the profit, he got Rs 3 lakh, with which he left the country and settled in Australia with his wife and two children. It was the era of 1960.
Stephen came under the radar of investigative agencies
Due to this method of Stephen Mandel, he and his syndicate won the lottery a total of 14 times. The interesting thing was that his method was completely legal. Based on these big wins, Stephen convinced his investors to form a big lottery syndicate. In this, a syndicate manager would buy all the tickets and then divide the money among themselves. He improved his technique and gradually made it automatic. Through this, he won lotteries in the UK and Australia. But then the investigative agencies noticed him. At that time, his method was not illegal, due to which the rules were changed and buying tickets in bulk was banned. He formed a company, bought bulk tickets and earned a lot of money this way. But gradually he also came under the radar of the American CIA. Since his method was not illegal, initially there was no threat to him, but in reality he started coming under suspicion.
declared bankrupt
However, during this time he got caught in a legal battle that lasted for many years, due to which he had to pay crores of rupees. You will be surprised to know that due to getting caught in this legal process, he lost all his money and had to declare himself bankrupt in 1995. Now he lives on Vanuatu Island with some of his syndicate members. According to Unilad’s report, he had won Rs 200 crore in the lottery.
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FIRST PUBLISHED : June 15, 2024, 07:31 IST