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Econwatch
March 24, 2009 3:45 PM

NY Man Wins Lottery On Madoff Prison Numbers

By
David Hancock
Topics
Economic Stimulus
(AP)
A construction worker from Queens, New York used Bernie Madoff's prison number to play the lottery and won $1,500, reports The New York Daily News.

Ralph Amendolaro, 50, noticed the digits under Madoff's mug on the front page of the Daily News the day after he pleaded guilty - 61727-054. He stopped at a corner store near his home on March 13 and played last three digits in New York State's "Numbers" lottery game.

His earnings -- which may be more than Madoff's other investors get these days -- was a $1,500 prize for $9 spent. That's a 16,000% return -- better than even what Madoff had promised.

Amendolaro told The Daily News he planned to hand a chunk of the cash over to his wife for a 50th birthday trip to Las Vegas with friends. He said he doubted that Madoff would be happy with his role in Amendolaro's good fortune.

"He'll probably want a cut."

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