Hit $500
State: New Mexico
Last Updated: 08/18/2025 at 11:38AM EDT
Image Credit: New Mexico State Lottery
Ticket Price: $10
Starting Odds: 1 in 3.3
Current Odds to Win $100 or More: 1 in 333.78
Current Odds to Win $1,000 or More: N/A
Current Odds to Win $10,000 or More: N/A
Estimated Tickets Remaining: 288,723.6 (78.87%)
Total $500 Prizes Remaining: 229 out of 300
Total $250 Prizes Remaining: 157 out of 201
Total $100 Prizes Remaining: 479 out of 615
About "Hit $500" Scratch-Off Game in New Mexico
The "Hit $500" scratch-off game is one of the lottery options available in New Mexico. The price of a ticket is $10.
When this game was first released, the starting odds of winning were 1 in 3.3.
The odds of winning at least $100 in Hit $500 are 1 in 333.78.
As of the last update on 08/18/2025 at 11:38AM EDT, approximately 78.87% of tickets are still in circulation. This means there are still unclaimed prizes waiting to be won in New Mexico's Hit $500 scratch-off game.
Prize Chart
| Prize | Total Prizes | Prizes Remaining | Starting Odds | Current Odds | Change in Odds |
|---|---|---|---|---|---|
| $10 | 48,808 | 38,596 | 1 in 7.5 | 1 in 7.48 | 0.26% |
| $15 | 24,404 | 19,283 | 1 in 15 | 1 in 14.97 | 0.18% |
| $20 | 24,404 | 19,203 | 1 in 15 | 1 in 15.04 | -0.24% |
| $50 | 12,202 | 9,545 | 1 in 30 | 1 in 30.25 | -0.83% |
| $100 | 615 | 479 | 1 in 595.22 | 1 in 602.76 | -1.27% |
| $250 | 201 | 157 | 1 in 1,821.19 | 1 in 1,839 | -0.98% |
| $500 | 300 | 229 | 1 in 1,220.2 | 1 in 1,260.8 | -3.33% |
How Are the Odds Calculated for New Mexico Scratch-Off Games?
The odds and statistics for New Mexico's scratch-off games are based on official lottery data processed through statistical models. This is to help players understand their chances of winning in New Mexico's scratch-off games. Here's how each metric is determined:
- Starting Odds: These are the official odds provided by the New Mexico lottery at the scratch-off 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 scratch-off tickets and half of the top prizes have been claimed, it is estimated that about 50% of the scratch-off tickets 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 New Mexico scratch-off 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 scratch-off ticket 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.
Games, prizes, and odds for New Mexico scratch-off games are sourced directly fromThe Official New Mexico Lottery website.