Clear my choice In a lottery, you select 5 numbers from 1-50, 5 numbers are drawn by the lottery, if they match all the 5 numbers you selected, you win the Jackpot. Each lottery is independent. Each time you play you need to pay $1. a) You play this lottery every day for three 365-day years. The probability that you win the Jackpot twice is : b)There are 10 million people playing this lottery like you do ( once a day for three 365-day years), the probability at least one person win the Jackpot twice is: c)In order to be at least 1.0% sure that you can win the Jackpot at least once, what is the minimum number of year you need to play if you play once a day? (Put down an integer) d)Assume there is no other prize except the Jackpot. If you are risk neutral, you will not play the lottery if the Jackpot prize is below The Poisson distribution can be used to approximate the binomial probabilities when the number of trials n is large and at the same time the probability P is: O a, one