Australian man spent $11 million on German lottery to win $60 million

Imagine betting over $6.5 billion a year on games like the lottery, poker, and horse racing. Sounds wild, right?

That's the life of David Walsh, a 61-year-old Aussie who's not just any gambler but a pro who teams up with his wealthy buddy, Zeljko Ranogajec, to win big.

In 2022, they went all out and bought a whopping one million tickets in a German lottery, throwing down $11 million.

They nailed it and bagged over $60 million.

But it didn't stop there. Walsh hit the jackpot again, and even though he spent a bit more than the $7.5 million prize, he still made a tidy sum from loads of smaller wins.

David Walsh speaking at a conference in Hobart, Australia   Photo: Sohn Hearts & Minds

What's his secret? Well, Walsh believes it's mostly luck. He's got a point, especially when he says that if you've been winning with a certain strategy for 20 years, it wasn't skill that got you there, but sheer luck.

And according to him, there's no real difference in skill between those who win and those who don't.

Walsh isn't just about the gamble; he loves art too. And it seems his risk-taking pays off in more ways than one.

Apart from the lottery win, he also scooped up $63 million from a horse race in Japan on Christmas Eve. Talk about a holiday to remember!

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