$500 GRAND is a $50 scratch-off lottery ticket from the Indiana Lottery. It has overall odds of 1 in 3.53, meaning roughly 1 in every 4 tickets wins a prize. The expected value is $0.77 per $1 spent, which is an above-average return compared to other scratch-offs. The top prize is $500,000. Most prizes are still available (98% remaining). ScratchCheck rates this ticket 83/100 (Excellent) based on expected value, prize quality, win frequency, and inventory health.
Overall Odds
1 in 3.53
Exp. Value
$0.77
per $1 spent
Top Prize
$500,000
Top Prizes Left
3
Prizes Remaining
98%
ValueScore™
83 / 100
Excellent
Should I Buy This Ticket?
Expected value per $1 spent:
$0.77↑
GREAT VALUE
Excellent overall value, ahead of the large majority of games at this price.
Why
↑Fresh prize pool: most of this game's prizes are still on the table.
- Prize quality is high: most of the meaningful top and mid-tier prizes remain in play.
- Wins hit often: about a 28% chance to win something per ticket (1 in 3.53), better than most games.
Prize Breakdown
| Prize | Total | Left | Status |
|---|---|---|---|
| $500,000 | 3 | 3 | 100% |
| $5,000 | 168 | 167 | 99% |
| $1,500 | 960 | 956 | 100% |
| $500 | 36,677 | 36,137 | 99% |
| $250 | 36,755 | 36,186 | 98% |
| $200 | 58,630 | 57,762 | 99% |
| $150 | 146,801 | 144,403 | 98% |
| $100 | 256,972 | 252,890 | 98% |
| $75 | 293,602 | 288,849 | 98% |
Prize Pool Analysis
Total Payout at Launch
$112,770,750
Current Prize Pool
$111,049,525
Payout Percentage
98.5%
Total Prizes Remaining
817,353
Ticket Statistics
Total Tickets Printed
2,931,905
Estimated Remaining
2,885,256
% Remaining
98.4%
Prize pool figures use advertised prize values. Tickets printed and remaining are estimated from overall odds and the share of prizes still unclaimed.
ValueScore™ Breakdown
83
VALUESCORE
Excellent
83
out of 100
Expected Value
Prize Quality
Win Frequency
Inventory Health
Updated: 7/16/2026
Game Details
- State
- Indiana
- Game Number
- 500-grand-(1)
- Ticket Price
- $50
- Payout %
- 76.9%
- Data Source
- State lottery
- Last Updated
- 7/11/2026
Compare
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Image Credit: Indiana Lottery
$50.00 per ticket · 1 in 3.53 overall odds
✓ Accounts for prizes already claimed
Entertainment only. Outcomes are random and won't match a real session. Current-odds mode scales each tier by remaining prizes and tickets.
Frequently Asked Questions
Is the $500 GRAND scratch-off a good buy?
Yes. $500 GRAND is an excellent buy with a ValueScore of 83/100. It ranks among the top scratch-offs available and scores highly on expected value, prize quality, win frequency, and inventory health, meaning more prizes are still available relative to how long the game has been on sale.
How much does $500 GRAND cost?
$500 GRAND costs $50 per ticket in Indiana. All ScratchCheck figures for this game (expected value, ValueScore, and top prize analysis) are calculated against this $50 ticket price.
What are the odds of winning the $500 GRAND scratch-off?
The overall odds of winning any prize with $500 GRAND are 1 in 3.53. This means roughly 1 in every 4 tickets wins a prize of any amount.
What is the top prize for $500 GRAND?
The top prize for $500 GRAND is $500,000. As of our latest update, 3 top prizes remain unclaimed.
What are the prizes for $500 GRAND?
$500 GRAND offers 9 distinct prize levels: $500,000 (3 total), $5,000 (168 total), $1,500 (960 total), $500 (36,677 total), $250 (36,755 total), $200 (58,630 total), $150 (146,801 total), $100 (256,972 total), and $75 (293,602 total). The full prize breakdown with odds and remaining counts is listed in the prize table on this page.
How many prizes are left in $500 GRAND?
Based on our latest data, 98% of all prize tickets remain (approximately 817,353 out of 830,568 total). The game is early in its run, with most prizes still on the market.
How is $500 GRAND rated by ScratchCheck?
ScratchCheck rates $500 GRAND at 83 out of 100 using ValueScore™, a composite rating built from four factors: Expected Value, Prize Quality, Win Frequency, and Inventory Health. Scores of 80 or above are Excellent, 60 to 79 Good, 40 to 59 Fair, 20 to 39 Below Average, and below 20 is Poor. The score updates automatically as prizes are claimed and data refreshes.
How often is $500 GRAND data updated on ScratchCheck?
$500 GRAND data comes directly from the official Indiana Lottery and is refreshed daily, so the odds and remaining prize counts you see match the lottery's latest published figures.