$500 LARGE $5
$5 scratch-off · overall odds · $500K top prize
Our Verdict: Good Value
$500 LARGE $5 offers above-average value for a $5 ticket in Michigan. The overall odds of are better than most scratch-offs at this price point. With 43% of tickets remaining, most top prizes are still available. It's a solid choice if you're looking for a $5 ticket ticket.
Expected Value Analysis
Expected value data for $500 LARGE $5 is not yet available. Expected value is calculated from the complete prize tier structure and odds — when that data is available, it will appear here. As a reference, most scratch-off tickets return between $0.55 and $0.75 per $1 spent on average.
Expected value (EV) is a statistical measure of the average return per ticket. Most lottery tickets have a negative EV — meaning the lottery keeps more than it pays out on average. Higher EV tickets offer better value, but no ticket guarantees a win.
Prize Tiers
All prize levels for $500 LARGE $5
| Odds | Prize | Prizes Remaining |
|---|---|---|
| — | $5 | 400,550 |
| — | $10 | 336,279 |
| — | $20 | 197,700 |
| — | $50 | 18,825 |
| — | $500 | 5,081 |
| — | $500K | 2 |
Source: Michigan Lottery (official) · Last updated 3/27/2026
Other Michigan Scratch-Offs
$50 LARGE $2
Average$2 ticket · — odds · Top: $50K
$1000 LARGE $10
Good Odds$10 ticket · — odds · Top: $1M
$2000 LARGE $20
Good Odds$20 ticket · — odds · Top: $2M
DIAMONDS & GOLD $20
Good Odds$20 ticket · — odds · Top: $2M
SUPREME $20
Good Odds$20 ticket · — odds · Top: $2M
$20WIN 100 200 500
Below Average$20 ticket · — odds · Top: $500
Frequently Asked Questions
What are the overall odds of winning $500 LARGE $5?
The overall odds of winning any prize on $500 LARGE $5 are . On average, you need to purchase approximately 0 tickets to win something. This is a $5 scratch-off from the Michigan Lottery.
What is the top prize on $500 LARGE $5?
The top prize on $500 LARGE $5 is $500K. It is a $5 scratch-off ticket. Currently, 43% of all tickets are still in circulation, so top prizes may still be available.
Is $500 LARGE $5 a good scratch-off to buy in Michigan?
$500 LARGE $5 offers above-average value for a $5 ticket in Michigan. The overall odds of are better than most scratch-offs at this price point. With 43% of tickets remaining, most top prizes are still available. It's a solid choice if you're looking for a $5 ticket ticket.
How many $500 LARGE $5 tickets are left?
There are approximately 958,437 $500 LARGE $5 tickets remaining out of 2,230,622 total printed (43% remaining). About 57% of all tickets have already been sold.