Yandy Vargas, a 33-year-old resident of West Palm Beach in Palm Beach County, has joined the ranks of millionaires after winning a $1 million prize from the Florida Lottery's 500X THE CASH scratch-off game. Vargas chose to take a lump sum payment of $640,000, after taxes and adjustments, according to local reports.
The lucky ticket was purchased at a Publix supermarket located on North Dixie Highway in Lake Worth. As a reward for selling the winning ticket, the store will receive a $2,000 bonus from the Florida Lottery.
The 500X THE CASH scratch-off game is among the most popular offerings from the Florida Lottery. Each ticket costs $50, with prizes totaling over $1.66 billion, including a staggering $25 million grand prize—the largest ever for such a game in the state. Players have a 1 in 4 chance of winning a prize in this particular game.
Scratch-off games accounted for 74% of the Florida Lottery's ticket sales during the 2023-2024 fiscal year. These sales have significantly bolstered the state's Educational Enhancement Trust Fund, contributing nearly $19.5 billion to support the education system.
Since its inception, the Florida Lottery has provided over $47 billion to educational programs, benefiting more than 983,000 students through the Bright Futures Scholarship Program.
Florida Lottery FAQs
What is the 500X THE CASH game?
The 500X THE CASH is a scratch-off game offered by the Florida Lottery, featuring a $50 ticket price and prizes exceeding $1.66 billion, including a $25 million grand prize.
How much has the Florida Lottery contributed to education?
Since its start, the Florida Lottery has contributed over $47 billion to educational programs, aiding more than 983,000 students through the Bright Futures Scholarship Program.