Mega Joker Jackpot by Casino Web Scripts is an online video slot which is classic yet contemporary. Without complicated side games or bonus rounds, you can simply enjoy playing a traditional slot with the chance to pick up lucrative jackpot prizes, too. Free to Play Casino Web Scripts Slot Machine. Megabucks are slots with progressive jackpots, combined into a single network that covers casinos in several American states. The owner and operator of this network is International Game Technology, better known by its abbreviated name IGT. Siberian Storm MegaJackpots Slot Machine Many of us have braved IGT 's Siberian Storm and Sumatran Storm slot games in order to reap the rewards of rescuing Tigers and finding jeweled artifacts - but IGT have now made braving the storm even more exciting by creating a MegaJackpots version of their popular slot.
Mega Jackpot Slot Classic slot games are more popular than ever, and fans of the genre will be please to know that many developers are working on new ways to make slot machine simulators as fun and rewarding as can be. Mega Jackpot is a video slot game from Betsoft that is definitely up for the challenge. Mega Moolah is the world famous online slot machine which offers a multi-million jackpot which is guaranteed to be over £1 Million. Mega Moolah Slot was first launched in 2007 by acclaimed casino games provider Microgaming and is one of the biggest progressive slot machines you'll find online.
Megabucks are slots with progressive jackpots, combined into a single network that covers casinos in several American states. 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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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.
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.
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.
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?
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
Mega Moolah is the world famous online slot machine which offers a multi-million jackpot which is guaranteed to be over £1 Million. Mega Moolah Slot was first launched in 2007 by acclaimed casino games provider Microgaming and is one of the biggest progressive slot machines you'll find online. With a name like 'Mega Moolah' this slot lives up to it's moniker by changing people lives overnight; literally making them millionaires in just one spin.
Mega Moolah is available to play at most online casino sites, so have a look around our Mega Moolah Jackpot guide and find out about previous winners, how to play Mega Moolah and which slot sites are worth a visit.
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Is The Mega Moolah Jackpot Legit?
Before we go any further, a question we’re usually asked is ”Is Mega Moolah Legit?”. The answer is of course, yes it is! Very much so. It's a valid question if you think about it. An online slot machine which pays out multi millions? Seems t good to be true. But is isn't, it's very much real and legitimate. The beauty of this game is that since it's been online for a decade, it not only has dished out several juicy jackpots, it's also gotten quite a name for itself.
What's more, as Mega Moolah is a slot by Microgaming, you're able to play it at many online casino sites. Just do a quick check in Google: you'll be able to read many stories about past winners and see this game is very much genuine.
How Does Mega Moolah Slot Work?
Mega Moolah Slot actually offers you the chance to win one of four progressive jackpots. Aside from the main 'Mega' jackpot which boasts a guaranteed million in prize money, there are also 3 smaller jackpots which vary in size, which are called Major, Minor and the Mini.
Mega Moolah is a progressive slot which means that the jackpots are ever growing and increasing. They do this how? They are pooled, that's how. This simply means that for every wager a player makes across the network of casinos which are offering the game, will contribute to the jackpots. This is how the jackpots grow so large over time, and enables the main Mega jackpot to grow as large as several million!
How & Where To Play Mega Moolah Slot?
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It's easy to play Mega Moolah Slot. You’ll need to first access a recommended online casino which not only offer Microgaming casino games, but ones which also offer Microgaming progressive jackpots. Make sure you check as not all of them do.
You can check out our recommended Microgaming casinos in this Mega Moolah Jackpot Guide to help you find an online casino site which suits you the best.
Past Mega Moolah Winners List
There has been many lucky Mega Moolah Jackpot winners over the past decade. The biggest Mega Moolah jackpots won have been £13 million and some varying amounts in between. The great thing about this game is that when the jackpot grows to an insane amount, more and more people are attracted to playing it, which only helps it grow even larger. You can read all about Mega Moolah Past Winners here.
Alternative Mega Moolah Jackpot Slots
Due to Mega Moolah’s popularity, there have also been several offshoots of the game which are designed with different themes.
These include Mega Moolah Isis Slot which offers a Goddess of the Goddesses Egyptian theme. There’s also Mega Moolah Summertime Slot, which offers a fun, citrus filled Summertime theme, as well as Mega Moolah 5 Reel Drive Slot, which is a brilliant classic car themed game.
The good thing to know is they all share the same jackpot as the original Mega Moolah Slot, so it's up to you which version of Mega Moolah that you prefer playing -you'll still have the chance to taking home the mega jackpot.
Slightly off topic but still relevant, Microgaming recently launched a new branded slot called The Dark Knight Rises which is based on the popular film of the same name. The Dark Knight Rises Slot also shares the very same Mega Moolah jackpot, so if you really fancy something different to play, you can try this game too!