$500,000 LOTERIA
Image Credit: Michigan State Lottery
Ticket Price: $5
Starting Odds: 1 in 3.78
Current Odds to Win $100 or More: 1 in 417.26
Current Odds to Win $1,000 or More: 1 in 347,161.17
Current Odds to Win $10,000 or More: 1 in 2,198,687.4
Estimated Tickets Remaining: 6,596,062.2 (74.75%)
Total $500,000 Prizes Remaining: 3 out of 3
Total $5,000 Prizes Remaining: 16 out of 20
Total $500 Prizes Remaining: 707 out of 966
About "$500,000 LOTERIA" Instant Game in Michigan
The "$500,000 LOTERIA" instant game is one of the lottery options available in Michigan. The price of a ticket is $5.
When this game was first released, the starting odds of winning were 1 in 3.78.
The odds of winning at least $100 in $500,000 LOTERIA are 1 in 417.26.
The chances of securing $1,000 or more are 1 in 347,161.17.
For those dreaming of hitting a jackpot, the odds of winning $10,000 or more are 1 in 2,198,687.4.
As of the last update on 11/03/2025 at 08:02AM EST, approximately 74.75% of tickets are still in circulation. This means there are still unclaimed prizes waiting to be won in Michigan's $500,000 LOTERIA instant game.
Prize Chart for "$500,000 LOTERIA"
| Prize | Total Prizes | Prizes Remaining | Starting Odds | Current Odds | Change in Odds |
|---|---|---|---|---|---|
| $5 | 900,545 | 677,275 | 1 in 9.8 | 1 in 9.74 | 0.61% |
| $10 | 794,538 | 592,967 | 1 in 11.11 | 1 in 11.12 | -0.16% |
| $15 | 264,846 | 197,078 | 1 in 33.32 | 1 in 33.47 | -0.45% |
| $20 | 264,846 | 196,254 | 1 in 33.32 | 1 in 33.61 | -0.87% |
| $50 | 88,282 | 65,608 | 1 in 99.96 | 1 in 100.54 | -0.58% |
| $100 | 14,343 | 10,590 | 1 in 615.23 | 1 in 622.86 | -1.24% |
| $200 | 6,071 | 4,492 | 1 in 1,453.51 | 1 in 1,468.4 | -1.02% |
| $500 | 966 | 707 | 1 in 9,134.84 | 1 in 9,329.65 | -2.13% |
| $5,000 | 20 | 16 | 1 in 441,212.94 | 1 in 412,253.89 | 6.56% |
| $500,000 | 3 | 3 | 1 in 2,941,419.6 | 1 in 2,198,687.4 | 25.25% |
Frequently Asked Questions
What is the instant game price of "$500,000 LOTERIA"?
Each ticket costs $5, giving you a chance to win prizes ranging from small amounts to the top jackpot.
What is the jackpot or highest prize you can win playing "$500,000 LOTERIA"?
The grand prize you can win playing "$500,000 LOTERIA" is $500,000.
What is the smallest prize you can win playing "$500,000 LOTERIA"?
The smallest prize for "$500,000 LOTERIA" is $5.
What were the original odds of winning any prize?
The starting odds of winning any prize are approximately 1 in 1 in 3.78.
How are the odds calculated for Michigan instant games?
The odds and statistics for Michigan's instant games are based on official lottery data processed through statistical models. This is to help players understand their chances of winning in Michigan's instant games.
- Starting Odds: These are the official odds provided by the Michigan lottery at the instant game's launch. They indicate the probability of winning any prize when all tickets are still in circulation.
- Estimated % Tickets Remaining: If not provided by the state, this is estimated based on the number of claimed prizes relative to the game's original prize structure. For example, if a game started with 1 million instant games and half of the top prizes have been claimed, it is estimated that about 50% of the instant games have been sold.
- Current Odds to Win $100/$1,000/$10,000 or More: These odds indicate the likelihood of winning higher-tier prizes in Michigan instant games. They are determined by summing the probabilities of all applicable prize amounts using the current odds.
- Current Odds to Win the Grand Prize: This metric shows the probability of winning the game's largest prize, adjusted for the estimated remaining tickets and current odds.
- Expected Value (EV): EV represents the average return of a single instant game based on the current prizes remaining. It is calculated by multiplying each prize amount by its probability of winning (prizes remaining ÷ estimated tickets remaining), summing these values, and subtracting the ticket price. A positive EV indicates an expected profit per ticket, while a negative EV indicates an expected loss.
Where does Scratch-Off Hub get information on Michigan lottery instant games, odds, prizes remaining, and tickets remaining?
Games, prizes, and odds for Michigan instant games are sourced directly from The Official Michigan Lottery Website.
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