Students crack lottery system: 6 million dollars win in strategic victory

A group of graduate students from Princeton University found a way to 'beat the system' and won millions of dollars from the lottery.

Publication: 28.02.2024 - 11:21
Students crack lottery system: 6 million dollars win in strategic victory
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It was reported that the group of graduate students purchased 66 winning tickets in four states, achieving a total gain of over 6 million dollars. However, there are rumors that their success went "beyond good luck".

Indeed, it is talked about that the group consisting of Manuel Montori IV, Matthew Gibbons, Hannah Davinroy, and Zoë Buonaiuto might have developed a "strategic approach" to beat the system.

INCLUDING THE GRAND PRIZE

According to news reports, the four friends bought thousands of tickets from various outlets covering Indiana, Missouri, Washington, and Columbia, and among all the tickets, the largest jackpot, a '5 million dollar grand prize,' was won by a ticket purchased in Missouri. Another significant prize was reported to be worth 100,000 dollars.

Although some have expressed concerns about the legality of the group's victory, no evidence of illegal activity has been found.

The entrepreneurial group carried out large-scale ticket purchases in different regions, spending thousands of dollars per visit, depleting stocks, and astonishing store managers.

EITHER VERY LUCKY OR...

Philip Stark, a statistics professor at the University of California, told Good Morning America, "[They are] either the luckiest people in the world or they have found a way to beat the system."

On the other hand, all four being affiliated with Black Swan Capital LLC, a company founded by the group leader Montori, drew attention.

Experts also think they might have used publicly available ticket data to increase their chances of winning.

BOUGHT HUNDREDS OF TICKETS

A lottery sales point in Bloomington, Indiana, reported that the group purchased hundreds of tickets during multiple visits for research purposes.

Two stores in Missouri disclosed that the group members spent a total of 8,000 dollars on tickets.

The activities of the group have reignited debates on the feasibility of using strategic tactics in lottery drawings.

Experts note that despite strategic approaches, the probability of winning remains uncertain, warning that "extensive ticket purchases could result in substantial financial losses."


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