$500,000 YEAR OF THE SNAKE
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 298.56
Current Odds to Win $1,000 or More: 1 in 275,866.76
Current Odds to Win $10,000 or More: N/A
Estimated Tickets Remaining: 1,931,067.3 (31.29%)
Total $500,000 Prizes Remaining: 0 out of 3
Total $2,500 Prizes Remaining: 7 out of 31
Total $500 Prizes Remaining: 204 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 298.56.
The chances of securing $1,000 or more are 1 in 275,866.76.
As of the last update on 12/08/2025 at 09:47AM EST, approximately 31.29% 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 for "$500,000 YEAR OF THE SNAKE"
| Prize | Total Prizes | Prizes Remaining | Starting Odds | Current Odds | Change in Odds |
|---|---|---|---|---|---|
| $5 | 617,511 | 200,207 | 1 in 10 | 1 in 9.65 | 3.55% |
| $10 | 679,299 | 209,141 | 1 in 9.09 | 1 in 9.23 | -1.58% |
| $20 | 61,762 | 18,429 | 1 in 99.99 | 1 in 104.78 | -4.79% |
| $25 | 61,746 | 18,871 | 1 in 100.01 | 1 in 102.33 | -2.32% |
| $30 | 61,762 | 18,065 | 1 in 99.99 | 1 in 106.9 | -6.91% |
| $50 | 30,921 | 9,184 | 1 in 199.72 | 1 in 210.26 | -5.28% |
| $100 | 19,575 | 5,676 | 1 in 315.47 | 1 in 340.22 | -7.84% |
| $200 | 1,938 | 581 | 1 in 3,186.48 | 1 in 3,323.7 | -4.31% |
| $500 | 719 | 204 | 1 in 8,588.87 | 1 in 9,466.02 | -10.21% |
| $2,500 | 31 | 7 | 1 in 199,206.45 | 1 in 275,866.76 | -38.48% |
| $500,000 | 3 | 0 | 1 in 2,058,466.67 | — | 0% |
Frequently Asked Questions
What is the scratch-off game price of "$500,000 YEAR OF THE SNAKE"?
Each ticket costs $5, 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 "$500,000 YEAR OF THE SNAKE"?
The grand prize you can win playing "$500,000 YEAR OF THE SNAKE" is $500,000.
What is the smallest prize you can win playing "$500,000 YEAR OF THE SNAKE"?
The smallest prize for "$500,000 YEAR OF THE SNAKE" is $5.
What were the original odds of winning any prize?
The starting odds of winning any prize are approximately 1 in 1 in 4.02.
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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