$500 GRAND is a $50 scratch-off lottery ticket from the Indiana Lottery. The Indiana Lottery publishes overall odds of 1 in 3.53. Right now the math works out to $0.77 back per $1 spent, an above-average figure for this kind of game. The top prize is $500,000. Most prizes are still available (85% remaining). ScratchCheck rates this ticket 92/100 (Excellent). In our rankings it sits at 3rd overall out of 59 games we track in Indiana, and it is the top-ranked $50 ticket in Indiana right now.
Overall Odds
1 in 3.53
Exp. Value
$0.77
per $1 spent
Top Prize
$500,000
Top Prizes Left
3
Prizes Remaining
85%
ValueScore™
92 / 100
Excellent
Should I Buy This Ticket?
Expected value per $1 spent:
$0.77↑
EXCELLENT
Hard to beat at this price: it is the strongest of Indiana's 5 $50 tickets.
Why
↑Fresh prize pool: most of this game's prizes are still on the table.
- Strong prize quality: a healthy share of the bigger top and mid-tier prizes are still unclaimed.
- At $0.77 returned per $1 spent, this game pays back more than the typical scratch-off.
Current Prize Odds
ScratchCheck estimate$500,000
3 of 3 left
launch odds 1 in 979K
now ~1 in 834K
$5,000
148 of 168 left
launch odds 1 in 17K
now ~1 in 17K
$1,500
845 of 960 left
launch odds 1 in 3,058
now ~1 in 2,961
ScratchCheck estimate. Current odds are derived from the prizes still unclaimed and our estimate of tickets remaining, shown next to the lottery’s printed launch odds. Actual odds vary as tickets are sold and prizes claimed.
Prize Breakdown
| Prize | Total | Left | Status |
|---|---|---|---|
| $500,000 | 3 | 3 | 100% |
| $5,000 | 168 | 148 | 88% |
| $1,500 | 960 | 845 | 88% |
| $500 | 36,677 | 31,224 | 85% |
| $250 | 36,755 | 31,285 | 85% |
| $200 | 58,630 | 50,097 | 85% |
| $150 | 146,801 | 124,967 | 85% |
| $100 | 256,972 | 218,860 | 85% |
| $75 | 293,602 | 250,351 | 85% |
Prize Pool Analysis
Total Payout at Launch
$112,770,750
Current Prize Pool
$96,367,525
Payout Percentage
85.5%
Total Prizes Remaining
707,780
Ticket Statistics
Total Tickets Printed
2,936,020
Estimated Remaining
2,501,970
% Remaining
85.2%
Prize pool figures use advertised prize values. Tickets printed is the lottery’s published print run. Tickets remaining is estimated from the share of prizes still unclaimed.
ValueScore™ Breakdown
92
VALUESCORE
Excellent
92
out of 100
Expected Value
36/40
Prize Quality
24/25
Win Frequency
18/20
Inventory Health
15/15
Updated: 9/4/2026
Game Details
- State
- Indiana
- Game Number
- 2617
- Ticket Price
- $50
- Start Date
- 7/7/2026
- Payout %
- 76.9%
- Data Source
- State lottery
- Last Updated
- 9/4/2026
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 92/100. 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, 85% of all prize tickets remain (approximately 707,780 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 92 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.
When was $500 GRAND released?
$500 GRAND was released by the Indiana Lottery on July 7, 2026. It has been on sale for about 2 months.
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.