The Florida Lottery announced that Christopher Banks, 52, of Pensacola, claimed a $1 million prize from the 500X THE CASH Scratch-Off game at the Lottery’s Pensacola District Office.
He chose to receive his winnings as a one-time, lump-sum payment of $820,000.00.
Banks purchased his winning ticket from Publix, located at 9251 University Parkway in Pensacola. The retailer will receive a $2,000 bonus commission for selling the winning Scratch-Off ticket.
The $50 Scratch-Off game, 500X THE CASH, 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 game’s overall odds of winning are 1-in-4.50.
In the news: Florida Man Claims $1 Million On Lottery Scratch-Off Game At 7-Eleven
Scratch-Off games are an important part of the Lottery’s portfolio of games, comprising approximately 72 percent of ticket sales in fiscal year 2022-2023.
Since inception, Scratch-Off games have awarded more than $58.3 billion in prizes, created 1,878 millionaires, and generated more than $18.09 billion for the Educational Enhancement Trust Fund (EETF).
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