UK maths geeks beat the lotto — UPDATED

A group of British mathematicians have hit on some kind of secret formula for playing the lotto and are raking in millions: See update, below.

Syndicate leader Barry Waterhouse, 41, who works at the design and printing section of the university, explained that the syndicate had been doing the National Lottery for eight years without conspicuous success after it started in 1994 with each member picking his or her own line.

"We just weren't winning with the numbers being picked that way, so we thought of a different method which would mean all 49 numbers would be used,' Mr Waterhouse said.

The syndicate then set up a computer program to check the numbers every week.

It took four years and a total outlay of $8700, but on Saturday, the formula succeeded.

Matching the winning numbers and the bonus ball, they hit the jackpot.

"We just thought that if all the numbers are in use, we must have a good chance of winning and it has proved so, though you never really think it will happen to you, "Mr Waterhouse said.

Link

(via Futurismic)

Update: These guys aren't math geeks, just some guys who came up with a "system" and got lucky. Thanks, Joel!