This mathematics problem involves applying core mathematical principles and formulas. Below you will find a complete step-by-step solution with detailed explanations for each step, helping you understand not just the answer but the method behind it.

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Answer
Step 1: Calculate the total fraction of money spent. The man spent on luxury cars and on a house. To find the total fraction spent, add these two fractions: Find a common denominator, which is 20. Now, add the fractions:
Step 2: Calculate the fraction of money remaining. The total lotto earnings can be represented as 1 (or ). Subtract the total fraction spent from 1:
The fraction of his lotto earnings remaining is .
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Calculate the total fraction of money spent. The man spent (2)/(5) on luxury cars and (1)/(4) on a house.
This mathematics problem involves applying core mathematical principles and formulas. Below you will find a complete step-by-step solution with detailed explanations for each step, helping you understand not just the answer but the method behind it.