The Correct Response Negativity (CRN) is an event-related potential component that is affected by the act of deception. However, there have been inconsistent findings on the effect of deception on the CRN. Suchotzki, et al. (2015) suggested that the design of the paradigm used to elicit the deceptive response is what controls the size of the CRN. Specifically, motivation to deceive changes the size of deception relative to telling the truth. This study attempted to follow up on suggestions made by Suchotzki et al. (2015) to investigate if extraneous motivation to lie does indeed invert the ratio of CRN in lie compared to truth responses in a deception experiment by manipulating the motivation to lie. This study used a modification of the image-based guilty knowledge test (GKT) paradigm used in Langleben et al. (2002). The first hypothesis of this experiments was that a larger CRN during deception relative to truth-telling will be observed when participants are not motivated to lie, while a larger CRN during truth-telling relative to deception will be observed when participants are motivated to lie. The hypothesis was not supported. The second hypothesis of this experiment was that the P300 component would be larger when participants were motivated to lie, as compared to when they were instructed to lie. Results indicated that P300 was significantly higher in the lie conditions than in the truth conditions; however, there was no difference in amplitude as a function of whether they were in the informed or motivated lie condition.