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# Show work! Suppose that a new state lottery game is developed with the following prizes and the number of tickets for each dollar prize:

Show work!

Suppose that a new state lottery game is developed with the following prizes and the number of tickets for each dollar prize:

__ Prize __ __of Tickets__

$ 0 88,120

$ 1 11,000

$ 5 500

$ 10 200

$ 20 100

$ 100 50

$ 500 20

$ 1000 10

The cost of a ticket is $1 and there are a total of 100,000 tickets available. Answer each of the following questions:

Question 1: What is the probability that an individual purchasing one ticket will win a prize of $1,000?

Question 2: What is the probability that an individual purchasing one ticket will win $5 or more?

Question 3: The actual return for purchasing one ticket must take into account the $1 spent to purchase the ticket. Keeping this in mind, what is the probability that purchasing one ticket will yield a return of $0?

Question 4: What is the expected return when an individual purchases one lottery ticket in this game?