INSTANT $500

State: New York

Last Updated: 02/24/2026 at 10:00AM EST

Image Credit: New York State Lottery

Ticket Price: $10

Expected Value (EV): -$3.36

Starting Odds: 1 in 4.19

Current Odds to Win $100 or More: 1 in 80.12

Current Odds to Win $1,000 or More: N/A

Current Odds to Win $10,000 or More: N/A

Estimated Tickets Remaining: 2,424,815.85 (13.07%)

Total $500 Prizes Remaining: 7,023 out of 56,773

Total $100 Prizes Remaining: 23,240 out of 185,453

Total $50 Prizes Remaining: 48,310 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 -$3.36, 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 80.12.

As of the last update on 02/24/2026 at 10:00AM EST, approximately 13.07% 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	249,186	1 in 10	1 in 9.73	2.69%
$15	370,842	49,315	1 in 49.98	1 in 49.17	1.62%
$20	1,112,235	142,989	1 in 16.66	1 in 16.96	-1.79%
$30	463,197	58,652	1 in 40.01	1 in 41.34	-3.33%
$50	386,143	48,310	1 in 48	1 in 50.19	-4.57%
$100	185,453	23,240	1 in 99.94	1 in 104.34	-4.4%
$500	56,773	7,023	1 in 326.45	1 in 345.27	-5.76%

Prize: $10

Total Prizes: 1,853,183

Prizes Remaining: 249,186

Starting Odds: 1 in 10

Current Odds: 1 in 9.73

Change in Odds: 2.69%

Prize: $15

Total Prizes: 370,842

Prizes Remaining: 49,315

Starting Odds: 1 in 49.98

Current Odds: 1 in 49.17

Change in Odds: 1.62%

Prize: $20

Total Prizes: 1,112,235

Prizes Remaining: 142,989

Starting Odds: 1 in 16.66

Current Odds: 1 in 16.96

Change in Odds: -1.79%

Prize: $30

Total Prizes: 463,197

Prizes Remaining: 58,652

Starting Odds: 1 in 40.01

Current Odds: 1 in 41.34

Change in Odds: -3.33%

Prize: $50

Total Prizes: 386,143

Prizes Remaining: 48,310

Starting Odds: 1 in 48

Current Odds: 1 in 50.19

Change in Odds: -4.57%

Prize: $100

Total Prizes: 185,453

Prizes Remaining: 23,240

Starting Odds: 1 in 99.94

Current Odds: 1 in 104.34

Change in Odds: -4.4%

Prize: $500

Total Prizes: 56,773

Prizes Remaining: 7,023

Starting Odds: 1 in 326.45

Current Odds: 1 in 345.27

Change in Odds: -5.76%

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 Top Prize You Can Win Playing "INSTANT $500"?

The top 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 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.

Starting Odds: Official odds at launch for winning any prize.
Estimated % Tickets Remaining: Based on prizes claimed vs original prize structure.
Current Odds to Win Higher Prizes: Likelihood of winning prizes like $100/$1,000/$10,000 using current odds.
Current Odds to Win the Top Prize: Probability of winning the top prize adjusted for remaining tickets.
Expected Value (EV): Average return per ticket based on prizes remaining.