Try disconnecting all of your HDMI cables and plugging the power cord of the TV into another wall outlet. If this resolves the issue, you may have had a small power surge from either your wall outlet or one of your source devices. It is recommended to connect your TV to a surge protector if you haven't done so already.
SOURCE: Panasonic PT-53WX53 cinemavision HDTV keeps powering off right away
5 blinks is telling you that IC4511 on the DG board is faulty. This is not serviceable you will need a new DG board the part number of that board is TNP2AA126
SOURCE: Panasonic PT-53TW53G 1 Blinking red light, will not stay on.
just got back today for same problem. convergence went out. took to repair shop. $200 part plus $60 labor. second time in a year convergence went out. was told it will happen again.
SOURCE: panasonic model# PT-50LC13
It very well could be the ballast. I unfortunately have this tv and keep extra bulbs because they go out about once a year. Last time when I replaced the bulb the tv blinked and the red lamp light flashed like it does when the bulb is bad. Ballast repair kit fixed it up. This is certainly a design issue but you'll get no help from Panasonic. If tv comes on the goes out after a while, clean the fan filter.
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