INSTANT $500
Image Credit: New York State Lottery
Ticket Price: $10
Expected Value (EV): -$3.29
Starting Odds: 1 in 4.19
Current Odds to Win $100 or More: 1 in 78.77
Current Odds to Win $1,000 or More: N/A
Current Odds to Win $10,000 or More: N/A
Estimated Tickets Remaining: 3,708,589.95 (19.99%)
Total $500 Prizes Remaining: 10,970 out of 56,773
Total $100 Prizes Remaining: 36,109 out of 185,453
Total $50 Prizes Remaining: 75,211 out of 386,143
About "INSTANT $500" Scratch-Off Game in New York
The "INSTANT $500" scratch-off game is one of the lottery options available in New York. The price of a ticket is $10.
The Expected Value (EV) of a ticket in INSTANT $500 is -$3.29, which represents the average return based on current prizes remaining.
When this game was first released, the starting odds of winning were 1 in 4.19.
The odds of winning at least $100 in INSTANT $500 are 1 in 78.77.
As of the last update on 10/05/2025 at 09:00AM EDT, approximately 19.99% of tickets are still in circulation. This means there are still unclaimed prizes waiting to be won in New York's INSTANT $500 scratch-off game.
Prize Chart for "INSTANT $500"
| Prize | Total Prizes | Prizes Remaining | Starting Odds | Current Odds | Change in Odds |
|---|---|---|---|---|---|
| $10 | 1,853,183 | 376,845 | 1 in 10 | 1 in 9.84 | 1.59% |
| $15 | 370,842 | 75,068 | 1 in 49.98 | 1 in 49.4 | 1.15% |
| $20 | 1,112,235 | 220,114 | 1 in 16.66 | 1 in 16.85 | — |
| $30 | 463,197 | 90,788 | 1 in 40.01 | 1 in 40.85 | — |
| $50 | 386,143 | 75,211 | 1 in 48 | 1 in 49.31 | — |
| $100 | 185,453 | 36,109 | 1 in 99.94 | 1 in 102.71 | — |
| $500 | 56,773 | 10,970 | 1 in 326.45 | 1 in 338.07 | — |
Frequently Asked Questions
What is the scratch-off game price of "INSTANT $500"?
Each ticket costs $10, 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 "INSTANT $500"?
The grand prize you can win playing "INSTANT $500" is $500.
What is the smallest prize you can win playing "INSTANT $500"?
The smallest prize for "INSTANT $500" is $10.
What were the original odds of winning any prize?
The starting odds of winning any prize are approximately 1 in 1 in 4.19.
How are the odds calculated for New York scratch-off games?
The odds and statistics for New York'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 York's scratch-off games.
- Starting Odds: These are the official odds provided by the New York 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 games and half of the top prizes have been claimed, it is estimated that about 50% of the scratch-off 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 New York 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 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 New York lottery scratch-off games, odds, prizes remaining, and tickets remaining?
Games, prizes, and odds for New York scratch-off games are sourced directly from The Official New York Lottery Website.
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