It's on 1 of my list. Each entry below is what I wrote about it there, with my verdict on that list, the fullest first.
If you’re budget allows, I cannot more highly recommend adding a Broadway show to your list of things to do in Times Square. The amount of effort that goes into all of these shows is unparalleled and something that everyone should experience. I’ve been to more than a dozen shows and have yet to leave one feeling like it wasn’t worth it.
Believe it or not, there are 41 official Broadway theaters in NYC, with most of them being concentrated around Times Square (which happens to be situated within the Theater District) and at any given time, more than half of them are operational. This means there’s always plenty of plays and showtimes to choose from. Admittedly, Broadway Shows can be quite expensive, but, as anyone who attends one will tell you, the experience is easily the most memorable thing you can do in Times Square.
One thing to note is that many of the shows offer lotteries, through which they’ll sell very discounted tickets to randomly selected winners. I’ve got more tips on how to score discount Broadway tickets here.