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Goal of the lottery

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Reference no: EM131470896

A lottery allows a player to choose 6 values out of 60. The goal of the lottery is to break even exactly, making its cash prizes equal to the amount of money spent by the contestants. Each ticket costs $1 to buy and players receive winnings if they match 3, 4, 5 or all 6 numbers. If the payout for matching 3 numbers is $10, matching 4 numbers is $100, and matching 5 numbers is $10,000, what does the payout for matching all 6 numbers need to be?

Reference no: EM131470896

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