Richard Lustig was an American man who came to prominence for winning relatively large prizes in seven state-sponsored lottery games from 1993 to 2010.
[5][6] Lustig's seven lottery wins have been featured on the financial web site CNN Money.
[2] In an interview with ABC News, Lustig explained that his method is to re-invest all of his winnings back into the lottery.
[9] Personal finance author Zac Bissonnette has characterized Richard Lustig's recommendations as "dangerous",[10] further noting the odds of winning any lotto prize are low and Lustig's advice to play sequential numbers is statistically inferior to selecting random numbers for each drawing.
Financial journalist Felix Salmon wrote that given Lustig's habit of using much of his winnings to buy more lotto tickets, it is unclear if he has kept more in prize money than he spent on lotto tickets: "[Lustig] never actually comes out and says that he’s a net winner.