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Average valueActive$500 Large · $5 · Michigan Lottery
$500 Large: Average value. A $5 ticket pays back $3.52 on average.
▲ +0.4 pts vs launch#11 of 31 · $5 MI gamesUpdated May 5, 2026, 12:31 AM
▲ +0.4 pts vs launch#11 of 31 · $5 MI gamesUpdated May 5, 2026, 12:31 AM
$500 Large is a $5 scratch-off ticket from the Michigan state lottery. Its current expected value is 70.4%, up 0.4 percentage points from the launch value of 70.0%. 2 of the original 3 $500,000 top prizes are still unclaimed. Approximately 57% of the 9.1M printed tickets have been sold.
70.4%
expected return
1 in 4.09
odds of any win
2 of 3
$500K top prizes left
57%
claimed · 5.2M of 9.1M printed
Odds, in plain terms
If you bought 100 tickets today
Based on the 958,247 winning tickets still unclaimed.
14 win more than $5
$10 or $20 or $50, an actual profit
10 win their money back
a $5 prize, so you break even
76 win nothing
the house edge, made visible
Prizes of $500 or more hit about 1 in 771 tickets, so they won't show up in a batch of 100.
Value map
Where the $3.52 comes from
The average payback per ticket, split by prize size. Small wins do most of the work.
Small wins $5 – $500
$3.26 · 65.3% of price
Mid prizes $500K
$0.26 · 5.1% of price
Most of the value pays out as
$5 – $500 wins
958,245 winning tickets remain in this range: 93% of total value, and the wins you'll actually see.
Claim progress
57% claimed, and the jackpots are still out there
Counting every ticket since launch, May 2023.
9.1M
tickets printed
5.2M
tickets claimed · 57%
3.9M
still out there
Prizes claimed over time
Claim chart needs more snapshot history
Jackpots are outlasting sales: good for buyers.
Jackpots left
67%
Tickets left
43%
67% of top prizes remain with only 43% of tickets left to claim them.
Where to buy
Michigan Lottery
At retailers statewide, or online through Jackpocket. Affiliate link: Scratchstats may earn a commission.
Rank vs $5 MI peers
#11 of 31
By expected return. Higher is better for the player.
Figures from Michigan Lottery published claim data, updated May 5, 2026, 12:31 AM.
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