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In a lottery, a ticket costs $3, and the jackpot is worth $250,000. In all 100,000 tickets are sold, one ticket is randomly drawn, and the winner is awarded the jackpot. What are the expected winnings in dollars of buying one ticket (including the cost of the ticket)?

 Aug 17, 2016
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I need the explanation to the same problem.

Can you please help, I need it fast

 Jul 11, 2018

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