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Get a Piñata
 Make sure you pick the candy that goes inside.
 It is best if you get a piñata that you actually have to fill yourself. This way you can fill it with precounted bags of candy.
 I would limit it to 10 or less types of candy / items (You don't have to use candy obviously. Pencils, Erasers, and Other School Supplies are Great Too).
Make a Chart
 Create a chart where the students will count and record the numbers of the different types of candy / items.
 For PreAlgebra, Geometry, and Algebra 1 I would have them all count and fill in the chart for all of the candy as a class. This will insure they all have the same easy probabilities to calculate.
 For Algebra 2 and Higher I have them bust open the pinata and grab their candy individually. Then they fill in their own charts based on their own candy gathering. Then I have them calculate the probabilities.
Sample Probabilities to Find
 Ratio of M&M's to Total Candy
 Probability of Randomly Pulling a Starburst from the piñata
 Probability of Randomly Pulling out something that is not a MilkyWay
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