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An online gambling site offers a first prize of $ 4 5 , 0 0 0 and two second prizes of $ 2 0 ,
An online gambling site offers a first prize of $ and two second prizes of $ each for registered users when they place a bet. A random bet will be selected over a hour period. Three million bets are received in the contest. Find the expected winnings if you can place one registered bet of $ in the given period.
The expected payback for a person who places one registered bet is $ Round to two decimal places as needed.
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