NY Lottery Player Wins $10M Fortune on 300X The Money Scratch-Off

An anonymous player has claimed the first $10,000,000 top prize in the New York Lottery’s 300X The Money scratch-off game, marking a milestone win in one of the state’s highest-priced ticket offerings.

The New York Lottery confirmed the claim, making this the first of the game’s top-tier prizes to be officially collected. The winner’s identity has not been disclosed publicly, though New York generally makes winners’ names a matter of public record. No details about the purchase location or claim date have been released.

The Win

The $10,000,000 prize represents the top award available in the 300X The Money game, one of New York’s premium $30 scratch-off tickets. This claim is notable because it is the first top prize to be redeemed since the game launched — a benchmark moment that confirms at least one of the game’s biggest prizes has now exited the prize pool.

No information has been released regarding whether the winner elected a lump-sum payment or an annuity structure, nor has the retailer location been identified. New York Lottery prizes of this size are typically paid as a single lump sum by default, though the state’s process can vary by game. After New York’s 8.82% state tax — among the highest in the country — plus applicable federal withholding, the winner’s net payout would be substantially less than the headline figure. On a $10 million prize, state tax alone would reduce the take-home by approximately $882,000 before federal taxes are applied.

Current Game Status

According to live data tracked by Scratchers Paradise, the 300X The Money game currently carries overall odds of 1 in 3.61 and an expected value of approximately $20.77 per $30 ticket — meaning players are getting roughly 69 cents back for every dollar spent on average. With this top prize now claimed, 12 top prizes remain in the game as of the latest data update.

That expected value figure and the remaining prize pool are critical inputs for any player evaluating whether this game still represents a reasonable play. The removal of one $10,000,000 prize from the pool does marginally shift the overall return profile downward, though the impact is distributed across the full print run. Players should check the New York scratch-off game tracker on Scratchers Paradise for the most current prize availability data before purchasing.

For broader context: across all 105 active scratch-off games in New York, the average return on investment currently sits at -37.7%, and zero games in the state presently carry a positive ROI. That statewide picture underscores why tracking remaining top prizes matters — it is one of the few variables that shifts meaningfully as a game ages.

What This Win Means for Players

When a top prize is claimed in any scratch-off game, the expected value of every remaining ticket in that game decreases slightly. In the case of 300X The Money, one $10,000,000 prize has now been removed from the prize pool. With 12 top prizes still listed as available, the game retains significant upside relative to many others on the market — but players should weigh that against the $30 price point and the current expected value of $20.77.

New York’s tax environment also deserves attention. At 8.82%, the state’s lottery tax rate is one of the steepest in the nation. Winners in New York City face an additional city income tax layer on top of state and federal obligations, which can push the effective tax rate on large prizes well above 50% when all levels are combined.

Pro tip: Before buying another 300X The Money ticket, compare it against every other active $30 game in New York using the Scratchers Paradise New York rankings. The tool filters by ticket price, expected value, and remaining top prizes — so you can see at a glance whether this game still ranks competitively after this top prize claim.

How to Claim

• Prizes up to $600 can be claimed at any authorized New York Lottery retailer.
• Prizes between $601 and $25,000 must be claimed at a New York Lottery Customer Service Center or by mail.
• Prizes above $25,000, including this $10,000,000 win, must be claimed in person at the New York Lottery headquarters in Schenectady, NY.
• Claim deadline is 1 year from the date printed on the ticket. Tickets presented after this window are void and cannot be paid.

Play Responsibly

Scratch-off games are a form of entertainment, and the odds are structured so that the house retains an edge on every game sold. If gambling is causing financial or personal difficulties, free and confidential help is available 24/7 at 1-800-GAMBLER.

Sources

• SCCG Management — New York Lottery 300X The Money top prize claim announcement
• New York Lottery — Official game and claim information
• Scratchers Paradise live game database — 300X The Money prize pool and odds data