Mandel worked as an economist in his native Romania in the 1950s and designed his successful formula. After many calculations, he came up with a formula for success: six out of a total of 40 options is a combination of five predictable mathematical operations.
The mathematician wanted to win the second prize, which required only five wins, but to his surprise, the play he performed with three friends won the first prize in the local lottery., According to general laguardia.com.
Already with money in his pocket, Mandel immigrated to Australia in the 1980s, where he quickly decided that his formula would give him the same luck. However, being a different organization, he did not attempt to predict the winning mix; Through the Australian Lottery, Mandal chose another method: get as many tickets as possible, all with different combinations. Thus, his probability increased and his method was successful because he was able to win 12 prizes in the times he tried. With the win, Mandel decided to start a legal investment fund invested in a mission: he worked with his formula to win the lottery and distribute the benefits.
For Mandela, it is important to capture the number of combinations that may be in the draw. For a lottery where you have to choose six correct numbers between 1 and 40, the possible results are a total of 3,838,380 combinations, for which Mandel made sure to try his luck, which is three times more likely combinations than the prize number.
He soon gained the interest of his acquaintances, who, along with his company’s profits, invested money to buy potential figures in various bookmakers. Once the gift was collected, he distributed it to everyone he cooperated with.
His success led him to try his luck in the United States, where he won several awards that gave him about $ 30 million during his stay in North America.
But his luck caught the attention of the FBI and the CIA. Moreover, it led American lottery officials to change the rules and control the number of shares each player could receive.
Mandel emigrated to Israel in 1995, from where he sought to reflect on his business success, but he was interrogated by the Securities and Exchange Commission.
In 2004, he was sentenced to ten months in prison and fined nearly $ 30,000 because he and his partner did not reveal the real chances of success to their investors.