You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery. In this lottery, there are one $500 prize, two $100 prizes, and four...

You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery. In this lottery, there are one $500 prize, two $100 prizes, and four $25 prizes. Find your expected gain or loss.

The expected loss is: