Romanian mathematician Stefan Mandel has won the lottery 14 times, know about his formula and algorithm
His secret isn’t luck, like most non GamStop casinos’ players on thegamepoint.io, it’s calculation: he made a name for himself with his jackpot system, which brought him the highest winnings in lotteries. His simple formula for success was to bet on all combinations of numbers for a guaranteed win. This was possible with sufficient capital, the automated filling out of lottery tickets, the appropriate lottery rules and a sufficient jackpot amount.
Hit the Jackpot Lottery 14 Times With Math, The Story, Algorithm, Formula Of Stefan Mandel
Since the rules and odds of winning have changed in the meantime, the procedure can no longer be used today. Nevertheless, the story of Stefan Mandel is exciting and fascinating, because every lottery player dreams of winning the jackpot with a safe “trick”.
Who Is Stefan Mandel? &Why He Is So Inspiring for Non GamStop Casinos Players?
Stefan Mandel was born in 1934 in Romania, which at the time had a communist government. With the coming to power of the Romanian Communist Party (RKP, Romanian PCR), politics has become increasingly Stalinist. Stalin’s death in 1953 brings a national-communist turn and finally the year 1965 the dictatorship under Nicolae Ceaușescu. In short and to put it mildly, Stefan Mandel grows up in a time of poverty.
Mandel makes a living as an economist for the state mining company and is looking for an honest way to supplement his income. He deals with the state lottery. He wants to find a way to get a guaranteed win. With an algorithm and three friends as additional investors, the plan is in place and the four of them manage to hit the jackpot.
Stefan Mandel uses his share of the profits to emigrate to Israel, where he starts a family. But after a few years he moved on to Australia with his wife and children, where he settled and obtained citizenship. In Australia, Mandel founds a company to continue systematically dealing with lotteries.
For a number of years, Mandel has played lotteries in Australia and the Commonwealth of Nations with his company and aides. In this way, he legally wins 12 jackpots. However, the adjustment of the lottery laws prevented further successes, so that Stefan Mandel continued to orientate himself internationally.
He finds what he is looking for in the USA and determines a suitable lottery in the state of Virginia. With the appropriate preparation, he manages his biggest coup, a jackpot win of 27 million US dollars. Thanks to other wins in the lower price ranges, the total sum is more than 30 million US dollars.
Stefan Mandel relocates to the island republic of Vanuatu in the South Pacific off the coast of Australia and retires from the lottery business.
Where & How Does Stefan Mandel Live Today?
After winning a total of 14 jackpots, Stefan Mandel retires from the lottery business and moves to the Pacific island of Vanuatu. However, his entrepreneurial spirit lingers and he starts a new business that asks financiers for financial support to buy territory on the island.
In 1995, Stefan Mandel declared bankruptcy and attempted to rebuild his fortune through investment deals. For this purpose, Mandel returns to Israel, but the local stock exchange authorities are investigating him as a businessman. In 2002 he paid bail and fled to London, leaving his wife and children in Israel.
While in Britain, he was sentenced in Israel to a $29,000 fine and 10 months in prison in his absence. The attachment is that he and his business partners have not transparently informed their investors about the actual chances of winning.
From abroad, Mandel appealed against the verdict several times, but was rejected because he was considered a fugitive. However, the deputy chief justice confirmed that Stefan Mandel should not have been convicted in absentia.
In 2020, Stefan Mandel refuses to do community service in lieu of imprisonment. He wants to present new evidence with his lawyer on site in Israel. The court offers him 30 days immunity to reopen the case. Later that same year, the lawsuit was settled without Stefan Mandel having to serve a prison sentence.
Does Stefan Mandel’s Strategy Still Work Today?
The disappointing and short answer in advance: unfortunately no! Mandel’s strategy required several prerequisites to work.
The guaranteed jackpot win must cover all costs, i.e. the price for all tickets, the shipping of tickets and the wages of the helpers.
In addition, the jackpot must be large enough that even if the win is split several times (by several winners with the same combinations), there is no loss due to the high costs.
The rules of the lottery must not prohibit practices such as automatically generating tickets, submitting them through intermediaries, or playing all possible combinations per se.
This also makes it clear why Stefan Mandel’s strategy no longer works today. The lotteries have changed their rules and the draws. Many lotteries have odds of 1 in several million for the jackpot. In many cases it is no longer allowed to play all possible combinations of numbers. With such chances of winning, a guaranteed jackpot would devour astronomical costs.
Since all lotteries have now adapted their rules and conditions accordingly, Stefan Mandel remains the only player who has managed to win the jackpot with multiple tickets by betting on all possible combinations.