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Education kit: What are the odds? - Powerhouse Museum

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* The government also takes a<br />

predetermined percentage from<br />

one lottery.<br />

<strong>What</strong> <strong>are</strong> <strong>the</strong> <strong>odds</strong>?<br />

3. This table shows <strong>the</strong> number and value of <strong>the</strong> prizes in a scratch<br />

lottery.<br />

Complete <strong>the</strong> missing values in <strong>the</strong> table.<br />

Value of Number of Total prize money<br />

prize prizes for <strong>the</strong>se prizes<br />

$2 55 000 2 x 55 000 = $110 000<br />

$3 57 000 3 x 57 000 = $114 000<br />

$4 75 000 a<br />

$5 b $150 625<br />

$6 c d<br />

$10 10 000 e<br />

$50 1 000 $50 000<br />

$500 30 $15 000<br />

$10 000 1 $10 000<br />

$100 000 1 $100 000<br />

Total 255 907 Total f<br />

4. After <strong>the</strong> government pays <strong>the</strong> newsagents and <strong>the</strong> prize winners,<br />

how much is left as its sh<strong>are</strong>?<br />

5. Who ‘wins’ <strong>the</strong> biggest prize in <strong>the</strong> $2 scratch lottery?*<br />

6. <strong>What</strong> percentage of <strong>the</strong> total money from ticket sales does <strong>the</strong><br />

government keep?<br />

7. <strong>What</strong> is <strong>the</strong> probability of winning any prize in this $2 scratch lottery?<br />

EDUCATION KIT 20

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