Webpage that calculates the expected value of a lottery ticket based on the current estimated jackpot.
Expected Value is defined as a predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence.
Here is a general breakdown and walk through of a similar problem: www.khanacademy.org/math/probability/random-variables-topic/expected-value/v/expected-value-profit-lottery-ticket
This project was inspired by the following article: http://www.businessinsider.com/heres-when-math-says-you-should-start-to-care-about-powerball-2013-9