The Massachusetts state lottery has 1 million tickets. There is one first prize of $50000; 9 second prizes of $2500 each

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The Massachusetts state lottery has 1 million tickets. There is one first prize of $50000; 9 second prizes of $2500 each

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The Massachusetts State Lottery Has 1 Million Tickets There Is One First Prize Of 50000 9 Second Prizes Of 2500 Each 1
The Massachusetts State Lottery Has 1 Million Tickets There Is One First Prize Of 50000 9 Second Prizes Of 2500 Each 1 (24.15 KiB) Viewed 76 times
The Massachusetts state lottery has 1 million tickets. There is one first prize of $50000; 9 second prizes of $2500 each; 90 third prizes of $250 each; 900 fourth prizes of $25 each. What is the expected value of one ticket? Five tickets?
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