Three people pool their money to buy lottery tickets. The first person put in $20, the second $25, and the third $30. One of their tickets was a winning ticket. If they won $5.4 million, what was the first person's share of the winnings (in dollars)?
show your work
First, calculate the total amount of money pooled:
$20 + $25 + $30 = $75
Next, calculate each person's percentage of the total money contributed:
First person: $20 / $75 = 0.2667
Second person: $25 / $75 = 0.3333
Third person: $30 / $75 = 0.4
Now, multiply each person's percentage by the total winnings to find out how much they won:
First person: 0.2667 * $5.4 million = $1,440,000
Second person: 0.3333 * $5.4 million = $1,800,000
Third person: 0.4 * $5.4 million = $2,160,000
Therefore, the first person's share of the winnings was $1,440,000.