The story of the man who found the formula to win the lottery and became a millionaire

Mandel devised his formula for success while working as an economist in the 1950s in his native Romania. After many calculations, he found the formula that would ensure his success: a combination of mathematical operations to predict five of the six winning numbers out of a total of 40 options.

The mathematician yearned for a second prize, which only required five strokes, but to his surprise, the game he made with three friends won the top prize in the local lottery., according to the public at laguardia.com.

Already with money in his pocket, Mandel moved to Australia in the 1980s, where he quickly decided to see if his formula would bring him the same luck. However, being a different system, it did not try to predict the winning combination; With the Australian lottery, Mandel opted for another method: to get as many tickets as possible, all with different combinations. Thus, his odds increased, and his method was more than successful, as he managed to win 12 raffle prizes during the times he tried. With the winnings, Mandel decided to start a legal investment fund employed in a single task: working with his formula to win the lottery and distribute the profits.

For Mandel, it was essential to know the possible number of combinations that the draw could have. For a lottery where you have to choose six correct numbers between the digits 1 and 40, the possible outcomes are a total of 3,838,380 combinations, for which Mandel made sure to try his luck in draws that were priced three times higher. to the number of possible combinations.

He quickly got the interest of his acquaintances, which, along with the profits of his business, were invested to accumulate money for the purchase of the range of possible figures from different bookmakers. Once the prize was collected, he distributed it to all who had collaborated.

His success led him to try his luck in the United States, where he also won several awards that brought him some $ 30 million during his stay in North America.

But his fortune caught the attention of the FBI and CIA who began to investigate him. And in addition, it led the US lottery authorities to change the rules and limit the number of shares that each player can acquire.

Mandel eventually emigrated to Israel in 1995, from where he attempted to replicate his business success, but found himself under investigation by the Securities Authority.

In 2004, he was sentenced to ten months in prison and fined nearly $ 30,000 because he and his partner did not disclose to their investors their true chances of winning.