document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=324996>Question 324996</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The table below shows the prizes and probabilities of winning(on a single $1 ticket) for a particular state lottery.\r<BR>\n" );
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document.write( "Prize (dollars)--------          Probability<BR>\n" );
document.write( "_____________________________________<BR>\n" );
document.write( "19 millon(jackpot)-----     1 in $76,275,360<BR>\n" );
document.write( "150,000    -------            1 in 2,179,296<BR>\n" );
document.write( "5000       ---------            1 in 339,002<BR>\n" );
document.write( "150        ------------            1 in 9686<BR>\n" );
document.write( "100       ------------             1 in 7705<BR>\n" );
document.write( "5         -------------             1 in 220<BR>\n" );
document.write( "2          -------------            1 in 102<BR>\n" );
document.write( "1          --------------            1 in 62\r<BR>\n" );
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document.write( "How would you expect to win or lose if you bought one $1 ticket every day for a year? Round to the nearest dollar.<BR>\n" );
document.write( "Thank you </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #232696 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=232696\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The table below shows the prizes and probabilities of winning(on a single $1 ticket) for a particular state lottery. <BR>\n" );
document.write( "Prize (dollars)-------- Probability<BR>\n" );
document.write( "_____________________________________<BR>\n" );
document.write( "19 millon(jackpot)----- 1 in 76,275,360<BR>\n" );
document.write( "150,000 ------- 1 in 2,179,296<BR>\n" );
document.write( "5000 --------- 1 in 339,002<BR>\n" );
document.write( "150 ------------ 1 in 9686<BR>\n" );
document.write( "100 ------------ 1 in 7705<BR>\n" );
document.write( "5 ------------- 1 in 220<BR>\n" );
document.write( "2 ------------- 1 in 102<BR>\n" );
document.write( "1 -------------- 1 in 62 <BR>\n" );
document.write( "How would you expect to win or lose if you bought one $1 ticket every day for a year? <BR>\n" );
document.write( "-----------<BR>\n" );
document.write( "Procedure:<BR>\n" );
document.write( "Multiply each prize value by its probability.<BR>\n" );
document.write( "Add those products to see your expected win for one day.<BR>\n" );
document.write( "Multiply that value by 365 to see your expecgted win for a year.<BR>\n" );
document.write( "===========================<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.  </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );