What is the probability that you will win the lottery

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On the evening news, the anchorwoman announces that the state's lottery has reached $72 billion and reminds the viewing audience that there has not been a winner in over 5 years. In researching lottery facts, you find a report that states the probability of winning the lottery is 1 in 2 million (i.e., a very, very small probability). What is the probability that you will win the lottery?

a. Less than 1 in 2 million

b. Equal to 1 in 2 million

c. Greater than 1 in 2 million

d. Cannot be determined without additional statistics

Reference no: EM131430326

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