What is the expected value of a lottery ticket?

What is the expected value of a lottery ticket? lottery expected value The expected value when you purchase a lottery ticket is -$, and the cost of the ticket is$ Determine the fair price of the lottery ticket lottery result today Expected value $ Would you pay $1 for a ticket? O No Yes i need help with this question! student submitted image, transcription available below

lottery result today Sal multiplies outcomes by probabilities to find the expected value of a lottery ticket Created by

lottery rajshree Calculation of the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million We need to select 6 numbers from the 50 tive expected value In particular, it establishes that Powerball tickets bought with pool sizes between $ million and