Final answer:
The probability of winning the minimum award in the lottery is approximately 1/715.
Step-by-step explanation:
To calculate the probability of winning the minimum award, we need to determine the number of ways to match three numbers drawn from the white balls (1 through 56) and match the number on the gold ball (1 through 46). The total number of possible combinations of the 4 white balls is C(56, 4), which is equal to 32,760. The total number of possible combinations of the gold ball is 46. To calculate the probability, we divide the number of successful outcomes by the total number of possible outcomes:
Probability = (Number of successful outcomes) / (Total number of possible outcomes)
Probability = 46 / 32,760
Therefore, the probability of winning the minimum award is approximately 1/715.