Math with Bad DrawingsCartoon Archive

The No Doubt Lottery

September 18, 2018From the book Math with Bad Drawings

A lottery that's honest about it: pay $1 and you're guaranteed to win $0.70. Nobody buys a ticket.

Transcript

[A lottery ticket: "THE NO DOUBT LOTTERY. Pay $1 to win $0.70, guaranteed!"] "Yeah, hard pass."

Use this cartoon

Free for classrooms, worksheets, slides and other non-commercial use under CC BY-NC 4.0, with credit to Ben Orlin.

Cartoon by Ben Orlin, Math with Bad Drawings. https://cartoons.mathwithbaddrawings.com/2018-09-18-the-no-doubt-lottery/ (CC BY-NC 4.0)
Topics
Probability › LotteriesProbability › Expected Value
Level
Middle SchoolHigh School
Themes
Money & Shopping