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Math Help - Lottery expected winnings question

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    Lottery expected winnings question

    Lotto game where you pay $1 per ticket and choose 6 numbers between 1 and 49 inclusive.
    If the grand prize is $1,000,000, what is the player's expected winnings if he purchases 1 ticket. (there are no duplicate tickets).
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    Quote Originally Posted by duffy70 View Post
    Lotto game where you pay $1 per ticket and choose 6 numbers between 1 and 49 inclusive.
    If the grand prize is $1,000,000, what is the player's expected winnings if he purchases 1 ticket. (there are no duplicate tickets).
    1,000,000 Pr(winning) - 1 Pr(not winning)
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