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Waltzing into a gas station with 1.4 m tickets and a truckload of cash wasn't an alternative. Mandel worked with the accounting company Lowe Lippmann to move $9m in financier funds to Crestar Bank in Boston, where it was cut into $10k cashier's checks. He then lined up advance handle Virginia-based retail chains to purchase the tickets wholesale.


For this task, Mandel turned to an esteemed partner by the name of Anithalee Alex. Anithalee Alex, an ex-paratrooper a failed oil man, was Mandel's unlikely man on the ground in Virginia (Illustration by The Hustle; image via 'How 'd They Do That?', 1992) Continually outfitted in a gold rolex and a safari match, Alex was a sweet talker who might "make the world appear like a bed of roses." An ex-paratrooper turned Rolls Royce salesperson turned oil prospector, he could often be seen gallivanting around his small town of Teutopolis, Illinois, in a t-shirt that read: "Please Lord, let me prove to you that winning the lottery game won't ruin me." When his old friend, Mandel, rang, Alex was fresh out of bankruptcy court, with $400k in debt and 16 maxed-out credit cards.




The task was harrowing: He was to collaborate the drop-off, payment, and processing of 1.4 m lottery tickets at numerous stores all over Virginia. The prize struck $15.5 m on a Wednesday; the next draw would be on Saturday. This indicated that he and his team had simply 72 hours to pull it off.


In the "88-acre "maze of structures," Alex met with a group of 35 couriers employed by Mandel (the majority of whom were licensed accountants) and dispersed cellophane-wrapped packages of 10k tickets with stacks of $10k cashier's checks." Think about it like an office swimming pool," he apparently told the CPAs, "except a bigger office swimming pool." For 2 straight days, the carriers systematically descended on 125 gasoline station and supermarkets.


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Mandel relaxed in the shadows in Australia while his team managed his Virginia plan (Via The Sydney Early Morning Herald, 1992)" We thought they were nuts," Rick Miller, a local gas station proprietor, later on admitted. "However if someone shows up and states they want to buy 700k lotto tickets, we're not going to chase them away." An agent at Farm Fresh, who offered a part of tickets to Mandel's team, had a more perky take: "For somebody to attempt to do this ticket-by-ticket is a very chancy proposal," he said.


Then, disaster struck. Among the chains who had actually sold tickets in bulk got overwhelmed and give up in the last hours, leaving 140k tickets (700k combinations) on the table. When the deadline for entry got here, around 1.24 m of Mandel's 1.4 m tickets (of 6.4 m of 7m mixes) had been processed. Mandel's "fool proof" strategy, which relied on securing every possibility, remained in jeopardy.


Mandel knew that without 100% of the mixes secured, his strategy was reduced to a multi-million dollar game of opportunity. He knew other unfortunate attempts to video game an US lottery game by bulk-buying tickets: In a 1990, a Sacramento retired person purchased 30k tickets with a diaper bag filled with money and strolled away empty-handed; months later, a computer system engineer called "The Phantom" purchased 80k combinations at a Jacksonville, Florida bar and just won small rewards.


At 11:20 PM on February 15th, the numbers were drawn on live tv. I close by warehouse, Alex and his team waited with baited breath. Then, a victorious shout: They 'd won. Mandel's success made international headings (via various US and Australian newspapers, 1992)" When the $27m ticket showed up, everybody was 6 feet off the ground," Alex later stated.

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