Problem 20BSC

In Exercises, express all probabilities as fractions.

Illinois Lottery

a. In the Illinois Little Lotto game, you win the jackpot by selecting five different whole numbers from 1 through 39 and getting the same five numbers (in any order) that are later drawn. What is the probability of winning a jackpot in this game?

b. In the Illinois Pick 3 game, you win a bet by selecting three digits (with repetition allowed) and getting the same three digits in the exact same order as they are later drawn. What is the probability of winning this game?

c. The Illinois Pick 3 game returns $500 for a winning $1 ticket. What should be the return if Illinois were to run this game for no profit?

Solution 20BSC

= 999:1