User Account

All Pages

Goal of the lottery

Assignment Help Mathematics
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

Questions Cloud

How are the laws used in the interview process : How could each of the employment laws affect attracting potential candidates to your company or industry?
How will you identify the seller : Who will do it? Will things need to be purchased? How will you identify the seller? Think about this in a sequential manner. Post to the Discussion Board.
Which factor do you think is most important : Which factor do you think is most important when defining a "good" telescope, and why? Do you think the balance of pros tips in favor of ground-based telescope?
What is a monopoly and market power : What type of activity is prohibited by Section 1 of the Sherman Act? What type of activity is prohibited by Section 2 of the Sherman Act?
Goal of the lottery : 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.
Minimum amount alex could? borrow : What was the minimum amount Alex could? borrow?
Discuss that what is sherman act : Sherman Act. An agreement that is blatantly and substantially anticompetitive is deemed a per se violation of Section 1 of the Sherman Act.
Prepare journal entries to record the transactions for april : ACCT201- Financial Statement Assignment (FSA). Prepare journal entries to record the transactions for April and post them to the ledger accounts
Length of an instant message conversation : The length of an instant message conversation is normally distributed with a mean of 5 minutes and a standard deviation of .7 minutes.

Reviews

Write a Review

Mathematics Questions & Answers

  Questions on ferris wheel

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Logistic map

This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.

  Finding the probability of cards

This assignment has questions related to probabiltiy.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Derive the boolean expression

Derive the Boolean Expression and construct the switching circuit for the truth table stated

  System of equations

Evaluate which equations are under-identified, just-identified, and over-identified.

  Linear programming problem

Linear programming problem consisting of only two constraints with one objective function.

  Find the natural domain

Find the natural domain of the given functions.

  Introduction to numerical methods

Compute the coecients of the polynomials using the term recurrence relation.

  Chart of the topological manifold

De?nition of smoothness of functions on a smooth manifold is chart independent and hence geometric.

  Mathematics in computing

Questions related on mathematics in computing.

  Complex problems

Complex problems

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd