Step 1: Total number of outcomes.
The total number of outcomes when rolling three dice is:
\[
6 \times 6 \times 6 = 216
\]
Step 2: Outcomes for sums less than 5.
The sums that are less than 5 are 3 and 4. For each sum, we count the possible combinations:
- Sum of 3: Only \( (1, 1, 1) \), so 1 outcome.
- Sum of 4: Possible combinations are \( (1, 1, 2), (1, 2, 1), (2, 1, 1) \), so 3 outcomes.
Therefore, the total number of outcomes for sums less than 5 is \( 1 + 3 = 4 \).
Step 3: Calculating probability.
The number of favorable outcomes (sum at least 5) is \( 216 - 4 = 212 \). The probability is:
\[
\frac{212}{216} = \frac{53}{54}
\]
Step 4: Conclusion.
The correct answer is \( \frac{53}{54} \).