The Accountant Who Used Math to Win Millions From the Lottery

By The Overnight Millionaire

Community Score: 50% | 485 views | 1mo

0 community ratings: null thumbs up, null thumbs down

This is the true story of Stefan Klincewicz, a Cork-born accountant with, by his own admission, no qualifications of any kind, who spent a year filling in lottery slips by hand so he could buy every possible combination in the Irish National Lottery. Twelve million pen strokes. And when he tried it, the lottery fought back in real time. In 1992 the Irish Lotto was six numbers from thirty-six, fifty pence a line. That means exactly 1,947,792 possible combinations — and buying all of them cost £973,896. Less than a million pounds for the entire lottery. On a normal week that's a terrible trade. But on bank holiday weekends the lottery ran a promotion: a guaranteed £100 for every ticket matching four numbers. Hold every combination and you hold every match-four ticket in fixed, predictable quantities. The promotion turned the small prizes into a floor, a refund on most of the outlay before the jackpot was even counted. Klincewicz did something almost nobody in these stories does: he ask

Tags: stefan klincewicz, beat the lotto, beat the lotto documentary, irish lottery syndicate, irish lotto 1992, buying every lottery combination, lottery loophole, lottery glitch, how to beat the lottery, beat the lottery legally, irish national lottery scandal, stefan mandel, legal loophole, beat the system, gaming the system, true story, unbelievable true story, strange but true, documentary, crime documentary