The probability of winning prize is 8 / 377348994
Probability is a measure of the possibility of an event occurring.
The likelihood could range from 0 to 1, where 0 indicates an impossibility and 1 indicates a certainty. Every event in a sample space has an overall probability of one. By simply dividing the favorable number of possibilities by the entire number of possible outcomes, the probability of an occurrence can be determined using the probability formula.
Probability = Favorable Outcomes/Total Outcomes
Probability of possible outcome = ⁸C₇
Probability of total outcome = ⁴⁶C₈
The probability of winning prize = ⁸C₇ / ⁴⁶C₈
= 8 / 377348994
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