Question

The Knightrola Lottery has been updated to allow choosing 6 numbers out of 63. Choosing 3 numbers correctly nets a $10 prize, choosing 4 numbers grants a $50 prize, and choosing 5 numbers correctly gives a $5,000 prize. If the Lottery charges $1 a ticket and expects to precisely break even, how much should its prize for getting all 6 numbers correct be?

Answer #1

(20) The Knightrola Lottery has been updated to allow choosing 6
numbers out of 63. Choosing 3 numbers correctly nets a $10 prize,
choosing 4 numbers grants a $50 prize, and choosing 5 numbers
correctly gives a $5,000 prize. If the Lottery expects to precisely
break even selling $1 tickets, how much should its prize for
getting all 6 numbers correct be?

13. In a state lottery, you must correctly select 6 numbers (in
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a) How many ways can 6 numbers be chosen from 32 numbers? (show
work)
________________________
b) If you purchased one ticket, what is the probability that you
will win the top prize? (show work)
________________________

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