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Lottery games are a platform where you invest a small amount of money (usually a dollar or two) in hope of winning big against long
Lottery games are a platform where you invest a small amount of money (usually a dollar or two) in hope of winning big against long odds. Lotteries have been played in the United States (US) from colonial times and a state lottery was made lawful in for the first time in New Hampshire in 1964. Only six states and territory in the US do not have a lottery system.
Research and present a post on a lottery that takes place in your state. If your state does not have a lottery, pick a state close to your state that does have a lottery.
- Explain the details of the lottery game you are presenting- what type, scratching or drawing, how many numbers?
- Can you calculate the probability of winning the jackpot and various consolation prizes in that game? Explain the math and outcomes.
- If people understood the mathematics involving probability and lottery, do you think they would continue to play?
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