Biggest Slot Jackpot

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  • As you'd expect, Megabucks lays claim to having paid the largest slot jackpots in Vegas history. It last hit here in mid March at the Westgate Las Vegas Resort & Casino. The lucky winner was Trinadad Torres, a 78-year-old woman from Magna, Utah. She played $100 before netting the $10,744,292.71 jackpot.
  • Jan 16, 2020 The biggest slot win recorded in 2019 also came in the form of a Mega Moolah jackpot when an anonymous player won $15.12 million in Jan 2019. Doug Holmes Author Doug is a passionate Slot fan and an expert in the gaming industry and has written extensively about online slot games and various other related information pertaining to online slots.
  1. Las Vegas Biggest Slot Jackpot
  2. Biggest Slot Jackpot In History

Over the years there have been some truly monumental jackpot wins, changing people's lives forever. Read the facts on the biggest and most famous slot machine jackpots available, for any gambler with a little spare cash. The Lions Share. The Daily Mail recently reported on a Vegas slot machine, which stunningly hasn't hit the jackpot for 20. How pachinko works. Jump (itch) (mather) mac os.

There are thousands upon thousands of online slot games out there, all clamouring for our attention. One sure-fire way for a slot to get noticed, is to offer a gigantic progressive jackpot pay-out. But many players remain sceptical. Do those jackpot sums ever really get paid out, or are they just a glorified marketing tool for the online casinos?

Well the good news is that, yes, online slot games have paid enormous jackpot sums to lucky casino players over the years. To prove it, here is our list of the top five online slot game wins of all time!

  1. MEGA MOOLAH – Betway Casino

The number one spot goes to a 26-year-old soldier from the UK, who won the sum of £13,209,300 (€17,879,645 or $20,062,600) when playing the Mega Moolah slot game from Microgaming. Jon Heywood had his big win in October 2015, planning to spend at least some of the cash on some nice new cars and a holiday. Due to the conversion rate between sterling and euros at the time of his win, Jon just nabbed top spot from our second-placed jackpot winner.

  1. MEGA FORTUNE – Paf Casino

Las Vegas Biggest Slot Jackpot

A bet of just 25 cents was enough for one lucky Finnish player to win an incredible €17,861,800 on the Mega Fortune game from NetEnt. His small bet in 2013 on the popular slot resulted in a win that held the top spot on this list for a couple of years. The 40-something winner opted to remain anonymous, but it is fitting that this Finnish player won on Finland's premier online casino, Paf.

  1. MEGA FORTUNE – Betsson Casino

A sleepless night led one Norwegian man to try his luck on the slots at the famous Betsson Casino. There was no chance of his getting any sleep after he hit the jackpot to the tune of €11,736,375 on the same Mega Fortune game as our Finnish jackpot winner. This was also a record-holder at one stage, as the winning spin occurred in September 2011.

  1. MEGA FORTUNE – Folkeautomaten

Are you spotting a pattern yet? Another Mega-winner from the Mega Fortune game, this time by a 30-year-old Swede called Alexander. He scooped a sweet €8.57 jackpot from this 2015 win on the game that promises wealth and luxury: and seems to deliver!

  1. MEGA MOOLAH – Tipico Mobile Casino

This $9.2 million win still holds the record for the largest mobile casino jackpot winner. This winner decided to remain anonymous, so we can only speculate as to how he or she spent their winnings in April of 2017.

As you can see from the list above, clearly it is possible to become a multi-millionaire by playing online slot games. Many more than these have managed the feat, with games such as Hall of Gods and Jackpot Giant also having produced some multi-millionaire winners over the years. NetEnt's new Mega Fortune Dreams is an update of the original release, and will surely break into that top five before too long.

For the moment, however, those two big Mega-slots from the Mega game providers of NetEnt and Microgaming are the progressive jackpot kings.

by David Ross O'Connor

© GoogleImages

Megabucks are slots with progressive jackpots, combined into a single network that covers casinos in several American states. Reel rush slot. The owner and operator of this network is International Game Technology, better known by its abbreviated name IGT.

Megabucks slot is considered as an alternative to state lotteries and enjoys incredible popularity among Americans. Actually, there is an opinion that IGT specifically released it to create a lottery competition. Since the beginning of the eighties in the twentieth century, when the slot was launched for the first time, this slot made dozens of players millionaires.

Thanks to the skillfully organized advertising company, every Megabucks jackpot, when it reaches a considerable size, causes a real excitement among the gambling public. And every hit of the progressive jackpot is widely covered in the media, attracting even more casino visitors to the slot. No other slot in the world is overgrown with so many incredible myths, rumors, and legends. But with all this, there are a lot of gambling experts and just experienced players who consider Megabucks a hideous slot that absolutely does not deserve so much attention. So, who is right: fans or opponents of this slot?

Where to Play the Megabucks Slot

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RankCasino/HotelDetailsBooking
South Point$80-160Avg. Room RatesView Deals
2Treasure Island$80-160Avg. Room RatesView Deals
3Gold Coast$60-120Avg. Room RatesView Deals
4Suncoast$50-100Avg. Room RatesView Deals

How to Play Megabucks

The classic version of the Megabucks slot from IGT is a 3-reel slot machine with the only one payline. In order to qualify for a progressive jackpot, the player must definitely bet three dollars. There are a lot of stories (both true and fictitious) about casino customers, who had the jackpot combination, but they did not receive any jackpot because of a bet less than three dollars.

The progressive jackpot is not completely nullified when a lucky winner gets it but starts to grow from a certain amount. In recent years, this fixed amount is $10,000,000. There are persistent rumors that soon this initial sum of the jackpot should increase by one million.

Megabucks Slot Odds

Strange as it may seem, there is no official information about the probability of winning the Megabucks jackpot. Some casinos say that the player has one chance out of 50 million, while others claim that this is one chance of 17 million. Whatever it was, when the sum of the jackpot is large enough, fans of this slot are ready to fly thousands of kilometers to try their luck.

What do Lady Luck's favorites have from this slot? Do they get all that huge amount of money that is advertised? When you win a jackpot, events can unfold as follows. First of all, the lucky guy will receive a check for $1,400,000. Then the winner is given two or three months to decide how he wants to get his winnings. There are two options: the amount is divided into annual payments, which will be transferred to the player within twenty-five years, or he can get the winnings immediately at a time, but at a rate of 60% of the jackpot.

Biggest Slot Jackpot In History

That is, having won ten million, the winner can receive in the second variant only six million, but at once and with one payment. After receiving the win, he still has to pay taxes. Unsurprisingly, almost all holders of Megabucks jackpots prefer to receive their winnings in the form of annual payments. Real slot machine apps for android.

However, in this case, they also have to pay taxes, the Internal Revenue Service of the United States (IRS) very strictly follows this. Subtract from the total amount of the jackpot another 40%, because such winnings are taxed at the maximum rate. So, the next time you hear that someone has won ten million in Megabucks and immediately took all the money, you know that the lucky guy got a little over three and a half million at his disposal.

The Curse of the Megabucks Jackpot

As already mentioned above, there are a lot of urban legends about the Megabucks slot and its jackpot, mostly of a gloomy nature. For the most part, they describe the tragic fate of players who managed to win a huge jackpot. It is believed that almost all the lucky people either perish or suffer numerous woes. The cause of their numerous misfortunes is the so-called Curse of the Megabucks slot.

https://torrentmiss.mystrikingly.com/blog/apply-to-little-caesars-online. Of course, in these stories, there is much more fiction than the truth. However, there is no smoke without fire — some winners, really, seriously suffered after they won the jackpot. In particular, the further life of the waitress Cynthia J. Brennan, who won $34.9 million in 2000, was sad. A month and a half after the win, Cynthia and her sister were hit by a drunk driver. The sister died on the spot, and Cynthia was forever paralyzed. The guy who drove the car in a state of intoxication was imprisoned for twenty-eight years.

But the rumors about the curse of Megabucks spread even before the year 2000. Simply, this accident was widely covered in the press and made people remember about other similar events, which at that time did not become so resonant. In 2003, many media published a story about a 25-year-old player who became the owner of the Megabucks jackpot and either died from a drug overdose in a casino hotel or was killed in a street shootout. IGT companies had to work hard to convince the public of the falsity of these statements.

There are also a lot of rumors about underage players and employees of different casinos who won the Megabucks jackpot but could not get it due to existing rules. But none of these rumors received documentary evidence.

Many experts in the field of gambling suggest that ITG recently made relevant changes to the Megabucks system, which makes the jackpot play less often, but with larger amounts. Although officially the company claims that nothing of the sort has happened, this opinion remains very popular.

Where Could You Play Megabucks?

Most fans of slot machines and large jackpots are not afraid of the curse of Megabucks and are willing to play in this slot. You can find this slot in almost all real casinos on the Las Vegas Strip, as well as in other establishments in Nevada, California, New Jersey, Mississippi, and some Indian reservations. Each state has its own separate network of Megabucks slots, but the biggest progressive jackpots are expected in Nevada. In other states, jackpots are much smaller.

Why do Experts Consider Megabucks a Bad Slot?

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Experts do not believe in the curse of the Megabucks slot, but this does not stop them from considering this gambling machine not worthy of attention. The fact is that this slot is very unprofitable for the player. Firstly, it has an extremely high percentage of the casino advantage, which reaches 10-15% (for comparison, many slots in the Las Vegas casino are limited to 2-3%). Secondly, the procedure for paying a jackpot is extremely inconvenient. The winner either loses 40% of the amount or gets it in parts for 25 years. But the progressive jackpots of most other slots are paid immediately and in full.

All this suggests that Megabucks is a mediocre slot, which gained its popularity only thanks to record payments and a masterly organized PR campaign.

See Also

Las Vegas Progressive Jackpots



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