Big-ticket price offers players a big-ticket prize
By Kate Northrop
This week, the Michigan Lottery celebrated its 50th year in operation with its first-ever $50 scratch-off ticket to match.
The Michigan Lottery's newest and most expensive ticket is now available at retailers, and it's offering a top prize that Michigan players have never seen come from an in-state instant game before.
"$300,000,000 Diamond Riches" is Michigan's first $50 scratch-off game, offering over $300,000,000 in total prizes and a record instant game top prize of $6 million.
Players have a chance to win one of the game's three top prizes of $6 million, along with 100 second-tier prizes of $500,000 and 735 third-tier prizes of $2,500. None of those prizes have been won yet since the game's launch on Tuesday.
The lowest-tier prize in the game is the ticket's price point, $50.
Winners of the $6 million top prize will have two options for claiming the prize: 30 annual payments of $200,000 or a one-time lump sum payment of about $4.1 million.
Players with non-winning tickets from the "$300,000,000 Diamond Riches" game may enter them in a second-chance promotion by Nov. 13, 2022 for a chance to win prizes ranging from $500 to $100,000.
There will be ten second-chance drawings, in which each drawing will award one winner of $100,000, five winners of $10,000, 20 winners of $1,000, and 60 winners of $500.
Lottery players are not the only ones who have a chance to win big from the $50 game. The Lottery is offering retailers the largest total in commissions ever at $30.7 million.
Scratch-off games are available at the Lottery's 10,500 official retailers across the state.