A Florida man is celebrating a life-changing win after claiming a $1 million prize from the Florida Lottery’s 500X THE CASH scratch-off game.
Walter Sheard of Ponte Vedra Beach opted to receive his winnings as a one-time lump-sum payment of $640,000.
He purchased the lucky ticket at a Publix supermarket located at 670 Marsh Landing Parkway in Jacksonville Beach. The retailer will receive a $2,000 bonus commission for selling the winning ticket.
READ: Florida Woman Celebrates $2 Million Lottery Scratch-Off Win On Ticket From Publix
The 500X THE CASH game boasts a top prize of $25 million, the largest ever offered on a Florida Scratch-Off, and offers the best odds to become an instant millionaire. With over $1.66 billion in cash prizes and overall odds of winning at 1-in-4.23, this game has become a favorite among lottery players.
Scratch-off games are a significant revenue generator for the Florida Lottery, accounting for approximately 74% of ticket sales.
READ: Alabama Woman Strikes Gold With $10 Million Florida Lottery Win
Since their inception, these games have awarded over $64.3 billion in prizes, created more than 2,230 millionaires, and generated over $19.5 billion for the state’s Educational Enhancement Trust Fund.
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