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‘I won the lottery 14 times by hacking it – but it went wrong and now I’m bankrupt’ | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #hacker

A maths whizz economist in need of cash won 14 lottery draws before declaring bankruptcy and retiring to a tropical island.

Romanian genius Stefan Mandel, 89, formed a system to hack lotteries around the globe and pocket thousands.

His first win was the top lotto prize at the time, in the 1960s, which was over £15,000.

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Mandel had created a number picking algorithm and discovered that in some cases purchasing a lottery ticket for every possible outcome of a draw was cheaper than the winnings.

Mandel created a number picking algorithm to hack lottery draws(Image: Youtube)

As he didn’t have enough money to buy all the tickets himself, he formed a syndicate who could together buy more tickets and split their winnings.

After using his share of the syndicate’s first win to bribe officials, Mandel fled communist Romania for Melbourne, Australia.


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