$500 Large

Game #475 • MI

$500 Large - Michigan Lottery Scratch-Off Ticket

Image source: Michigan Lottery

Key Statistics

Ticket Price
$5
Top Prize
$500,000
Top Prizes Left
2
Overall Odds
1 in 4.09
Expected ROI
-29.6%
Expected Value
$3.52

Top Prize Status

Original Top Prize
$500,000
Current Top Prize
$500,000
Top Prizes Remaining
2

Top prizes are still available! There are 2 top prize ticket(s) remaining.

Prize Pool Analysis

Total Payout at Launch
$31,886,130
Current Prize Pool
$13,800,080
Payout Percentage
43.3%
Total Prizes at Launch
2,230,622
Total Prizes Remaining
958,365

Ticket Statistics

Total Tickets Printed
9,123,243
Estimated Tickets Remaining
3,919,712
% Tickets Remaining
43.0%

Should You Play $500 Large Right Now?

$500 Large is a $5 scratch-off. The ROI is -29.6%, so this one is best played for entertainment rather than value. Each ticket returns an expected $3.52 in prize value. There are 2 of the original 3 top prizes still available. Top prize odds have improved by 55.2% since launch — a dramatic shift in your favor. Among the 37 active $5 games in Michigan, $500 Large ranks #12 by expected value. If you're looking for the best value at this price point, also consider $3,000,000 Payout ($3.74 EV) and Detroit Lions ($3.67 EV).

Alternative Strategy

Instead of buying one $500 Large ($5) ticket, consider buying 2x Blowout Bonanza ($2) + 1x It's Intermission Time! ($1). This combination delivers $3.66 in expected value compared to $3.52 for the single ticket — a 4.0% improvement. It also gives you a 65.3% chance of winning at least one prize versus 24.4% with the single ticket.

Analysis based on current remaining prizes and our ROI model. Updated April 12, 2026.

Prize Breakdown

Prize Amount Total Prizes Remaining Claimed % Left Original Odds Estimated Odds Change
$500,000 3 2 1 66.7% 1 in 3,041,081 1 in 1,959,856 ↑ 55%
$500 12,390 5,080 7,310 41.0% 1 in 736 1 in 772 ↓ 5%
$50 45,693 18,824 26,869 41.2% 1 in 200 1 in 208 ↓ 4%
$20 474,592 197,686 276,906 41.7% 1 in 19 1 in 20 ↓ 3%
$10 784,984 336,259 448,725 42.8% 1 in 12 1 in 12 ↓ 0.30%
$5 912,960 400,514 512,446 43.9% 1 in 10 1 in 10 ↑ 2%

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

Additional Information

Last Updated: April 12, 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.