Voltaire Loophole

Voltaire Loophole

Famous French writer Voltaire teamed up with a mathematician to exploit a loophole in the French lottery that set him up financially for life. French government shelled out massive prizes for the contest each month, but an error in calculation meant that the payouts were larger than the value of all the tickets in circulation. With this in mind, Voltaire, La Condamine, and a syndicate of other gamblers were able to repeatedly corner the market and rake in massive winnings. The scheme left Voltaire with a windfall of nearly half a million francs, setting him up for life and allowing him to devote himself solely to his literary career.

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