SOLUTION: Reposted Question: In a scratch-off lottery ticket game, (A) The chance of matching 3 digits is 1 in 1000, (B) The amount in a matching ticket of the 3 digits is usually $500, m

Algebra ->  Customizable Word Problem Solvers  -> Misc -> SOLUTION: Reposted Question: In a scratch-off lottery ticket game, (A) The chance of matching 3 digits is 1 in 1000, (B) The amount in a matching ticket of the 3 digits is usually $500, m      Log On

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Question 1199420: Reposted Question:
In a scratch-off lottery ticket game, (A) The chance of matching 3 digits is 1 in 1000, (B) The amount in a matching ticket of the 3 digits is usually $500, meaning the state is making $500 for every 1000 tickets sold. Price of ticket: $2.
How are (A) and (B) calculated? I am not familiar with the ticket - I have not purchased them.
Answer by ikleyn(52898) About Me  (Show Source):
You can put this solution on YOUR website!
.

Question  (A)  was just answered under this link

https://www.algebra.com/algebra/homework/word/misc/Miscellaneous_Word_Problems.faq.question.1199401.html



Question  (B)   (or its  TWIN)   was just answered under this link

https://www.algebra.com/algebra/homework/word/misc/Miscellaneous_Word_Problems.faq.question.1199414.html



        Please do not post duplicates and twin questions to this forum.