«GreetingLine» Spring 2007 MAE 6127 Assignment: LOTTO 6/49 Given 49 different numbers: 1 2 3 … 49 players choose 6 numbers on their ticket Random selection of 6 (order not important) as winner 1st prize: all 6 correct 2nd prize: 5 out of 6 correct Calculate the probability of winning 1st prize. How many different tickets? 49 C6 13, 983, 816 How many ways to win? 1 Probability of 1st prize? 1/13,983,816 2nd prize: 5 out of 6 correct How many different tickets? How many ways to win? Probability of 2nd prize? C6 13, 983, 816 6 C5 x 43 C1 6x43 258 258 43 13983816 2330636 49 The assignment is to calculate the probability of winning the Florida lotto, which consists of selecting six out of 49 numbers ( 1 to 49 ), as well as winning the second prize which consists of selecting five out of six correct numbers. The first step is to calculate how many different tickets would be available which would have the six winning numbers. We do this by calculating the combinations possible of six numbers from a choice of 49 numbers. By using the Excel combination formula I determined this number to be 13,983,816 possible combinations. Since there is one way to win, the probability of winning the first prize is 1/13,983,816. The next step is to calculate how many different combinations there are to obtain a winning ticket for the second prize. This is accomplished by determining the combination of five out of six correct numbers ( 6 ), and multiply this by the combination of one out of the remaining 43 numbers ( 43 ), the total of which is 258. The probability of winning the second prize is therefore 43/2330636.