Mini Assignment #7 Probabilities of Lotteries Lotteries are a big business and a major revenue source for many governments including the state of Wisconsin. As of 2023, all but 5 states offer a state lottery. In 2022, Americans spent a total of $108 billion on lottery tickets. Wisconsin uses roughly 30% of its state lottery to fun property tax credits and the rest is spent on winnings and expenses. 1. The U.S. has a population of roughly 333 million. About 78% of the U.S. population is over 18 and able to play the lottery. Surveys indicate that only half of those that can play do play. Using this information, how many people in the US play the lottery? 2. Using your answer from #1 and the fact that Americans spend about $108 billion on the lottery, how much does the average player spend per year? 3. In order to play the Wisconsin Powerball, you must pick five different number from 1 to 69 and one Powerball number from 1 to 26. How many unique lottery tickets are possible? You can find more about the Wisconsin Powerball here