16 May 2025
22m

How ‘The Joker’ Rigged the Texas Lottery

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The Journal.

This episode explores a scheme involving the Texas Lottery, focusing on how a group of professional gamblers, led by Bernard Marentelli and Zeljko Ranagajic (aka "The Joker"), exploited a loophole to increase their odds of winning. Against the backdrop of a ballooning jackpot and low ticket sales, Marentelli and The Joker devised a plan to purchase nearly all possible number combinations. More significantly, they partnered with Lottery.com to gain access to numerous ticket printing terminals across Texas, enabling them to print tickets rapidly. The team successfully acquired 99.3% of all tickets, securing the jackpot worth almost $60 million before taxes. However, the operation sparked controversy and investigations, leading to scrutiny of the Texas Lottery Commission and prompting discussions about fairness and regulatory oversight. As a result, the Texas State Senate voted to abolish the Texas Lottery Commission, reflecting emerging industry patterns of increased vigilance over lottery operations and potential exploitation.

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