What Are My Odds? New $10 TX Scratcher’s Top Prize is $500
The Texas Lottery has thrown this ticket concept out a few times. It's a $10 ticket with the top prize being $500. The name of this Texas Lottery game is $50,$100, or $500 (game 2525). It appears the chances of winning something 'sizeable' are more likely, or are they? Let's take a look a the odds by the Book.
Overall odds of winning any prize in $50, $100 OR $500! are 1 in 9.43
There are 50 tickets in each book. The total cost of the book is $500.00
The guaranteed payout of each book is $300.00, according to the Lottery Website.
The odds for a $50 winner are 1 in 12.50. There are approx 4 $50 winners in each book
The odds for a $100 winner are 1 in 40. There is approx 1 $100 winner in each book
The odds for a $500 winner are 1 in 1000. There is approx 1 $500 winner in every 20 books!
In Victoria alone, 12 of these top prizes of $500 have been sold!
Man Wins $1 Million Scratch-Off Jackpot After Being Cut in Line
While this story did not happen in Texas, I think this is an excellent example of instant karma. As reported by KSAT-12 in San Antonio, Stephen Munoz Espinoza, 43, of Delray Beach, Florida, claimed a $1 million prize from a scratch-off ticket he bought after a man jumped in line. Here is how the story goes: Stephen was in line at one of those lottery vending machines, and some guy cut in front of him for whatever reason. Stephen did not tell the guy anything and proceeded to the convenience store line and bought the same ticket from the cashier, which was a $50 ticket, 500X The Cash with a top prize of $25 million. Stephen might be thankful to this guy for cutting in front of him.
He won ONE MILLION DOLLARS! The Florida Lottery Commission announced on Wednesday. The release states that Espinoza chose a one-time, lump-sum payment of $820,000. He and his wife plan on buying a house, according to the release. I guess this guy was in the right place at the right time.