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In the Virginia Instant Lottery, There Are 10 Different $5

Question 26

Multiple Choice

In the Virginia instant lottery, there are 10 different $5 Scratcher games. Your favorite, "Hit the Jackpot," is advertised to have a 1-in-4.37 chance of winning, and a 1-in-664,457 chance of hitting the top prize of $200,000. All of the seven top prizes are still available. If you buy five of these tickets and outcomes are independent, the probability that you win all five times is:


A) 6.27%.
B) 0.627%.
C) 0.0627%.
D) 0.0063%.

Correct Answer:

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