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MATH / In a lottery, a ticket costs 3, and the jackpot is worth 250000. In all, 100000 tickets are sold, one ticket is randomly drawn, and the winner is awarded the jackpot. What are the …

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problem

In a lottery, a ticket costs $3\$3, and the jackpot is worth $250000\$250000. In all, 100000100000 tickets are sold, one ticket is randomly drawn, and the winner is awarded the jackpot. What are the expected winnings in dollars of buying one ticket (including the cost of the ticket)?
Plain-text mathematical notation (without MathML)
In a lottery, a ticket costs $3, and the jackpot is worth $250000. In all, 100000 tickets are sold, one ticket is randomly drawn, and the winner is awarded the jackpot. What are the expected winnings in dollars of buying one ticket (including the cost of the ticket)?
Original LaTeX notation
In a lottery, a ticket costs $\$3$, and the jackpot is worth $\$250000$. In all, $100000$ tickets are sold, one ticket is randomly drawn, and the winner is awarded the jackpot. What are the expected winnings in dollars of buying one ticket (including the cost of the ticket)?

level

Level 4

type

Counting & Probability

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