Willy and the Arkansas Lottery

Willy takes his chances about once a week on this Arkansas Lottery thing and sometimes the powerball. 

http://www.myarkansaslottery.com

First Willy would like some accolades from some students in a few years because it is obvious that all Willy is doing is donating to someone's education.  It is absolute that Willy is not making any money at this thing.

Here is how it goes:

• Willy buys a $3 scratch off 
• Willy wins $3 with this ticket.
• Willy goes back in and collects his $3
• Willy re-invests this $3 into a new scratch off ticket
• Willy also buys a Powerball for $2.
• Willy makes nothing on the new Scratch off.
• Willy wins nothing on the Powerball.

Willy tries again next week.

Problem with all of this.  Willy has looked at the numbers.  Willy has invested in the above transaction $5.

About 10% of that goes to the Scholarship fund - yes about 50 cents.  The rest is administrative costs and payouts.   Willy is not sure this is all right.

Willy plays again.

10-4 Willy