TAMPA, Fla. (WFLA) — A Florida man who tried his luck playing the 500X the Cash scratch-off game cashed out a $1 million prize, the Florida Lottery announced Thursday.
James Young, 68, of Palm Beach Gardens, claimed his $1 million prize-winning ticket from 500X the Cash scratch-off game at the Lottery’s West Palm Beach District Office. Young chose to receive his winnings as a one-time, lump-sum payment of $820,000.
According to the Florida Lottery, Young bought his winning ticket from the Gardens Wine & Spirits located at 2538 PGA Boulevard in Palm Beach Gardens.
The retailer who sold Young his winning scratch-off ticket will receive a $2,000 bonus commission.
The $50 game features a top prize of $25 million—the largest ever offered on a Florida scratch-off game—and the best odds to become an instant millionaire, the Florida Lottery said. So far, only one of the two $25 million top-prize winning lottery tickets has been paid.
Prize Amount | Odds of Winning | Total Prizes | Prizes Remaining | Prizes Paid |
---|---|---|---|---|
$25,000,000.00 | 1-in-21,419,145 | 2 | 1 | 1 |
$1,000,000.00 | 1-in-267,739 | 160 | 62 | 98 |
$50,000.00 | 1-in-142,794 | 300 | 113 | 187 |
$20,000.00 | 1-in-19,953 | 2,147 | 834 | 1,313 |
$10,000.00 | 1-in-20,037 | 2,138 | 825 | 1,313 |
The game’s overall odds of winning are 1-in-4.50.