The Florida Lottery will hold official FANTASY 5® drawings where five out of 36 numbers will be drawn at random. If your five numbers match five winning numbers drawn in official drawing for date played, you win FANTASY 5 top prize. Match two, three or four of winning numbers to win other cash prizes or a free Quick Pick ticket.
Prize Level estimated Prize Odds of Winning
5-of-5 $200,000 1:376,992
4-of-5 $100 1:2,432.21
3-of-5 $10 1:81.07
2-of-5 Free Ticket ($1) 1:8.39
a) Determine the estimated Prize and Adds of winning for the Price Level 1-of-5
b) Determine the estimated Prize and Adds of winning for the Price Level 0-of-5
c) Determine the probability of "not winning anything"?
d) Let X be the winning number upon the ticket, what is the mean of X? What is the Variance of X?
e) Let Y be the winning prize upon the ticket, what is the mean of X? What is the Variance of Y?