is there a five hundred dollar bill
Yes, five hundred dollar bills do exist in the United States of America. These bills however, were only printed from 1862 to 1945. Although they are considered legal tender, they are more likely to be worth more than $500 to a collector.
The 500 dollar bill was discontinued in 1949 by the Federal Reserve. The $500 has William McKinley on them. They are still considered to be legal tender, but are hard to find in circulation.