SOLUTION: It's basically my sister's homework for school. I want her to get an "A" on it. Question 14) Twenty-four people pooled their money and bought lottery tickets. One ticket

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Question 565032: It's basically my sister's homework for school.
I want her to get an "A" on it.
Question
14) Twenty-four people pooled their money and bought lottery tickets. One ticket won a prize of $8,808,000. Find how hany dollars each person received.
Answer by ad_alta(240) About Me  (Show Source):
You can put this solution on YOUR website!
Are we assuming the 24 people are splitting the money equally? If so, each person gets $8,808,000/24=$367,000. But of course we have to subtract the money each person put into the pool (you didn't provide that information, though). And, unfortunately, each person would only get about half that amount after taxes.