To make sure you never miss out on your favourite NEW stories, we're happy to send you some reminders

Click 'OK' then 'Allow' to enable notifications

Mathematician Reveals How He Won The Lottery 14 Times

Mathematician Reveals How He Won The Lottery 14 Times

Stefan Mandel used his winnings to retire on a remote island. What a dream.

Emma Rosemurgey

Emma Rosemurgey

A mathematician has revealed how he "beat the system" to win the lottery on 14 separate occasions.

Romanian-Australian economist Stefan Mandel first won the lottery twice in his native Romania, while he was trying to save enough money to take his family out of the then communist country.

Pexels

Mandel and his family moved to Israel, before settling in Australia, where he won the lottery an incredible 12 more times.

But how did he hack the system to earn enough money to allow him and his family to retire on a remote island? Well, here's the six-step formula for how Mandel managed his 14 lottery victories.

Pexels

First of all, you need to calculate the total number of possible combinations - for example, a lottery in which you pick six numbers from one to 40 means there are 3,838,389 combinations.

Then, you need to find the lotteries where the jackpot is three times or more the number of possible combinations.

The National Lottery

Now, this is where it gets pretty difficult. Then you have to raise enough cash to pay for each combination. So, Mandel did this by rounding up an impressive 2,524 investors to pay for the combinations to win his Virginia lottery.

Then Manel printed out millions of tickets with every combination - which of course isn't legal now, and therefore you would need to buy them all from in store now. Then Mandel delivered the tickets to the authorised lottery dealers before winning the cash.

Obviously, it goes without saying that the investors need paying back, however Mandal still managed to pocket $97,000 after a $1.3 million in 1987.

With a whopping £14 million on offer on this week's Euromillions, we'd certainly be willing to give it a go, but first, let's try and find a few million to buy the tickets in the first place.

Featured Image Credit: Euromillions/Pexels

Topics: Life News, Money, Real