Raffle Probability
1. **State the problem:** We have 1000 tickets sold in a raffle, and one winning ticket is picked at random. Jack has one ticket. We want to find the probability that Jack's ticket is the winning ticket.
2. **Formula for probability:** The probability of an event happening is given by:
$$\text{Probability} = \frac{\text{Number of favorable outcomes}}{\text{Total number of possible outcomes}}$$
3. **Apply the formula:**
- Number of favorable outcomes = 1 (Jack's ticket)
- Total number of possible outcomes = 1000 (total tickets)
So,
$$\text{Probability} = \frac{1}{1000}$$
4. **Interpretation:** This means Jack has a 1 in 1000 chance of winning the raffle.
**Final answer:**
$$\boxed{\frac{1}{1000}}$$