SOLUTION: For several years in Massachusetts, the lottery commission would mail residents coupons for free Lotto tickets. To win the jackpot in Massachusetts, you have to correctly guess al

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Question 1071572: For several years in Massachusetts, the lottery commission would mail residents coupons for free Lotto tickets. To win the jackpot in Massachusetts, you have to correctly guess all six numbers drawn from a pool of 36. What is the expected value of the free Lotto ticket if the jackpot is $6000000 and there is no splitting of the prize?
Round the answer to two decimal places.
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
E=P%2A6000000
So the total number of possible combinations is,
N=36%2A35%2A34%2A33%2A32%2A31
N=1402410240
So their is only one winner,
P=1%2FN
P=1%2F1402410240
So then,
E=6000000%2F1402410240
E=0.0043