$500,000 YEAR OF THE SNAKE
State: New York
Last Updated: 08/18/2025 at 01:20PM EDT
Image Credit: New York State Lottery
Ticket Price: $5
Expected Value (EV): -$2.03
Starting Odds: 1 in 4.02
Current Odds to Win $100 or More: 1 in 300.46
Current Odds to Win $1,000 or More: 1 in 279,259.64
Current Odds to Win $10,000 or More: N/A
Estimated Tickets Remaining: 1,954,817.46 (31.67%)
Total $500,000 Prizes Remaining: 0 out of 3
Total $2,500 Prizes Remaining: 7 out of 31
Total $500 Prizes Remaining: 205 out of 719
About "$500,000 YEAR OF THE SNAKE" Scratch-Off Game in New York
The "$500,000 YEAR OF THE SNAKE" scratch-off game is one of the lottery options available in New York. The price of a ticket is $5.
The Expected Value (EV) of a ticket in $500,000 YEAR OF THE SNAKE is -$2.03, which represents the average return based on current prizes remaining.
When this game was first released, the starting odds of winning were 1 in 4.02.
The odds of winning at least $100 in $500,000 YEAR OF THE SNAKE are 1 in 300.46.
The chances of securing $1,000 or more are 1 in 279,259.64.
As of the last update on 08/18/2025 at 01:20PM EDT, approximately 31.67% of tickets are still in circulation. This means there are still unclaimed prizes waiting to be won in New York's $500,000 YEAR OF THE SNAKE scratch-off game.
Prize Chart
| Prize | Total Prizes | Prizes Remaining | Starting Odds | Current Odds | Change in Odds |
|---|---|---|---|---|---|
| $5 | 617,511 | 202,833 | 1 in 10 | 1 in 9.64 | 3.62% |
| $10 | 679,299 | 211,730 | 1 in 9.09 | 1 in 9.23 | -1.57% |
| $20 | 61,762 | 18,631 | 1 in 99.99 | 1 in 104.92 | -4.93% |
| $25 | 61,746 | 19,057 | 1 in 100.01 | 1 in 102.58 | -2.57% |
| $30 | 61,762 | 18,249 | 1 in 99.99 | 1 in 107.12 | -7.13% |
| $50 | 30,921 | 9,267 | 1 in 199.72 | 1 in 210.94 | -5.62% |
| $100 | 19,575 | 5,706 | 1 in 315.47 | 1 in 342.59 | -8.6% |
| $200 | 1,938 | 588 | 1 in 3,186.48 | 1 in 3,324.52 | -4.33% |
| $500 | 719 | 205 | 1 in 8,588.87 | 1 in 9,535.69 | -11.02% |
| $2,500 | 31 | 7 | 1 in 199,206.45 | 1 in 279,259.64 | -40.19% |
| $500,000 | 3 | 0 | 1 in 2,058,466.67 | — | 0% |
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.