$500,000 Loteria

Game #0699 • MI

$500,000 Loteria - Michigan Lottery Scratch-Off Ticket

Image source: Michigan Lottery

Key Statistics

Ticket Price
$5
Top Prize
$500,000
Top Prizes Left
3
Overall Odds
1 in 3.78
Expected ROI
-28.9%
Expected Value
$3.55

Top Prize Status

Original Top Prize
$500,000
Current Top Prize
$500,000
Top Prizes Remaining
3

Top prizes are still available! There are 3 top prize ticket(s) remaining.

Prize Pool Analysis

Total Payout at Launch
$30,863,315
Current Prize Pool
$22,253,530
Payout Percentage
72.1%
Total Prizes at Launch
2,334,460
Total Prizes Remaining
1,656,694

Ticket Statistics

Total Tickets Printed
8,824,258
Estimated Tickets Remaining
6,262,302
% Tickets Remaining
71.0%

Should You Play $500,000 Loteria Right Now?

$500,000 Loteria is a $5 scratch-off. The ROI is -28.9%, so this one is best played for entertainment rather than value. Each ticket returns an expected $3.55 in prize value. All 3 top prizes are still available. Top prize odds are holding steady with a 40.9% change since launch. Among the 39 active $5 games in Michigan, $500,000 Loteria ranks #11 by expected value. If you're looking for the best value at this price point, also consider WILD WIN$ ($3.74 EV) and $3,000,000 Payout ($3.71 EV).

Alternative Strategy

Instead of buying one $500,000 Loteria ($5) ticket, consider buying 2x Blowout Bonanza ($2) + 1x Let Freedom Ring ($1). This combination delivers $3.65 in expected value compared to $3.55 for the single ticket — a 2.8% improvement. It also gives you a 65.3% chance of winning at least one prize versus 26.5% with the single ticket.

Analysis based on current remaining prizes and our ROI model. Updated May 27, 2026.

Prize Breakdown

Prize Amount Total Prizes Remaining Claimed % Left Original Odds Estimated Odds Change
$500,000 3 3 0 100.0% 1 in 2,941,419 1 in 2,087,434 ↑ 41%
$5,000 20 14 6 70.0% 1 in 441,213 1 in 447,307 ↓ 1%
$500 966 671 295 69.5% 1 in 9,135 1 in 9,333 ↓ 2%
$200 6,071 4,252 1,819 70.0% 1 in 1,454 1 in 1,473 ↓ 1%
$100 14,343 10,071 4,272 70.2% 1 in 615 1 in 622 ↓ 1%
$50 88,282 62,333 25,949 70.6% 1 in 100 1 in 100 ↓ 0.51%
$20 264,846 186,174 78,672 70.3% 1 in 33 1 in 34 ↓ 0.95%
$15 264,846 187,006 77,840 70.6% 1 in 33 1 in 33 ↓ 0.50%
$10 794,538 562,892 231,646 70.8% 1 in 11 1 in 11 ↓ 0.17%
$5 900,545 643,278 257,267 71.4% 1 in 10 1 in 10 ↑ 0.66%

* Original odds based on total tickets printed. Estimated odds calculated from remaining tickets and prizes. Positive change (↑) means better odds now than at launch.

Historical Trends

This section tracks how $500,000 Loteria has performed over time. Daily prize claims, top prize depletion events, and overall prize pool changes are computed by comparing consecutive daily snapshots of remaining prizes at each tier.

Additional Information

Last Updated: May 27, 2026

Disclaimer: The information provided on this page is for informational purposes only and represents our best effort to accurately reflect the current state of lottery games based on publicly available data. We do not guarantee the accuracy, completeness, or timeliness of this information. Prize availability, odds, and game details may change without notice. Always verify information with the official Michigan lottery website before making any purchasing decisions. We are not responsible for any losses or damages resulting from reliance on this information.