How Big Is It Really?

Algebra Level 1

A lottery in the United States has a payout of 1.5 billion dollars. Given that there are about 320 million people in the United States, which of the following is closest to the amount of money each person would receive if the payout were evenly distributed?

$ 50 \$50 $ 500 \$500 $ 5000 \$5000 $ 5 \$5

Eli Ross by Eli Ross

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3 solutions

Linchuan Zhang
Jan 13, 2016

Note that US billion is different from UK billion.

4 Helpful 0 Interesting 0 Brilliant 0 Confused

no it is not

Iqbal Mohammad - 5 years, 5 months ago

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For a while, a billion in the UK referred to a million million, or 1,000,000,000,000 and not the currently accepted value of one thousand million or 1,000,000,000

Adam Bachmann - 5 years, 5 months ago
Ethan Godden
Jan 13, 2016

320 million is approximately 300 million

1.5 billion is 1500 million

1500 million/300 million =5

1 Helpful 0 Interesting 0 Brilliant 0 Confused
Sérgio Neto
Jan 13, 2016

1.500.000.000 / 320.000.000 = 4,6875. So the closest option is 5 dollars.

1 Helpful 0 Interesting 0 Brilliant 0 Confused

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