INSTANT $500
State: New York
Last Updated: 08/18/2025 at 01:22PM EDT
Image Credit: New York State Lottery
Ticket Price: $10
Expected Value (EV): -$3.27
Starting Odds: 1 in 4.19
Current Odds to Win $100 or More: 1 in 78.36
Current Odds to Win $1,000 or More: N/A
Current Odds to Win $10,000 or More: N/A
Estimated Tickets Remaining: 4,193,988.88 (22.61%)
Total $500 Prizes Remaining: 12,506 out of 56,773
Total $100 Prizes Remaining: 41,019 out of 185,453
Total $50 Prizes Remaining: 85,247 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 -$3.27, 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 78.36.
As of the last update on 08/18/2025 at 01:22PM EDT, approximately 22.61% 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
| Prize | Total Prizes | Prizes Remaining | Starting Odds | Current Odds | Change in Odds |
|---|---|---|---|---|---|
| $10 | 1,853,183 | 425,328 | 1 in 10 | 1 in 9.86 | 1.39% |
| $15 | 370,842 | 84,652 | 1 in 49.98 | 1 in 49.54 | 0.87% |
| $20 | 1,112,235 | 249,257 | 1 in 16.66 | 1 in 16.83 | -1% |
| $30 | 463,197 | 102,943 | 1 in 40.01 | 1 in 40.74 | -1.83% |
| $50 | 386,143 | 85,247 | 1 in 48 | 1 in 49.2 | -2.5% |
| $100 | 185,453 | 41,019 | 1 in 99.94 | 1 in 102.25 | -2.31% |
| $500 | 56,773 | 12,506 | 1 in 326.45 | 1 in 335.36 | -2.73% |
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. Here's how each metric is determined:
- 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 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 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 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 York scratch-off games are sourced directly fromThe Official New York Lottery website.