If your credits reach the critical 1,440 or go down, you better cash out and finish your game session at this slot machine. However, if you win a prize during the second “ set ” of spins, that means you can continue playing and this time, you are enabled to choose more than 10 rounds per betting session. He bought a slot machine and messed about with it in his garage to figure out its flaws. He worked out the computer chips inside the machines could be re-programmed to be manipulated to pay out.

Are Slot Machine Jackpots Ever Paid Out On Tv
Slot Machine Jackpots On Youtube
Are Slot Machine Jackpots Ever Paid Out Crossword Clue
Are Slot Machine Jackpots Ever Paid Out Dividends
Are Slot Machine Jackpots Ever Paid Out Dividends

It only took 20 years, but the Lion’s Share slot machine at MGM Grand finally gave it up. In one of the most followed slots stories of 2014, a New Hampshire couple strolled into the MGM Grand on August 22 and won not only the $2.4 million jackpot, but also the machine itself. The payout finally allowed MGM Grand to decommission the Lion’s Share, which had been there since the casino opened in 1993.

Getting a seven-figure payday is always nice, but it doesn’t come close to being the biggest jackpot in slots history. The really big money comes courtesy of the massive progressive jackpots on the Megabucks machines. This is a network of 60-payline, five-reel slots with around 700 machines at 133 different locations. The odds of hitting the minimum $10-million jackpot in one play are nearly one in 50 million. With that in mind, here are the five biggest Vegas slots paydays on record.

$21.3 Million

Mar 28, 2011 Im looking to get the Jackpot from any slot machine to gain the xp in-game. Ive gotten the Car achievement from a previous save and am looking to get level 10 in the Casino. Ive tried playing. Casinos can change payback at will (covered in point #3). Slot machines are programmed to pay less when you’re winning. Slots only pay jackpots when they’ve made a huge profit. Slots only start paying you when they’ve taken enough of your money.

Sometimes, all it takes is one spin. On June 1, 1999, a 49-year old self-employed business consultant from Illinois put $10 in the Megabucks machine at Caesars Palace. Moments later, he was over $21 million richer. He also won a $5,000 secondary jackpot. According to a spokesperson for IGT, the company that makes the Megabucks machine, the winner’s first wish was to pay off his credit card debts.

$22.6 Million

The Megabucks kept on flowing on March 27, 2002. Seventy-four-year-old Johanna Huendl of Covina, California put about $170 in the machine at Bally’s on her way to breakfast, and she ended up bringing home the bacon. Huendl, a Vienna native who came to America in 1956, thought at first that she had won a $2-million prize. She was off by one zero.

$27.5 Million

On November 15, 1998, an unnamed 67-year-old retired flight attendant from Vegas was playing the Megabucks machine at Palace Station, and she accidentally put in $300 when she intended to put in $100. She couldn’t have been upset for long because she won the first Megabucks jackpot to top $20-million in history. It wasn’t her first big slots win; she also took down a $680,000 prize playing the Wheel of Fortune machine at the same venue.

$34.9 Million

The previous record was held by Cynthia Jay-Brennan, a 37-year-old cocktail waitress from Las Vegas who played the Megabucks at the Desert Inn on January 26, 2000. Unfortunately, six weeks later, a drunk driver rear-ended Jay-Brennan’s Camaro, leaving her a quadriplegic and her sister dead. The 58-year-old driver was given 28 to 92 years in prison.

Are Slot Machine Jackpots Ever Paid Out On Tv

Slot Machine Jackpots On Youtube

$39.7 Million

On March 21, 2003, a 25-year-old software engineer from Los Angeles (who chose to remain anonymous) put $100 in the Megabucks machine at the Excalibur. He ended up winning the biggest jackpot ever, paid out in 25 annual instalments of $1.5 million each.

Introduction: Winning the Jackpot on Megabucks Slot Machine

Have you ever thought about winning the jackpot on the Megabucks slot machine? If there’s a motto for gamblers coming in search of a fortune in Las Vegas, then it’s, “Go big, or go home”! The thing about playing jackpot slots in the casino is that in order to win big, you have to place maximum bets. So, though we always reckon you should follow some serious guidelines on money management, it’s also true that you’ll never hit the big time unless you slash out. And if you’re going to be laying the massive progressive jackpot slots, then your dream is to hit the main prize. And there’s just no way of doing that without playing to the max.

Unfortunately, the vast majority of gamblers playing progressive slot machines will not become overnight millionaires. Quite the opposite. They will lose money thanks to the house edge and every game inherent odds, which stack up against them. The casino is a business and it runs on the losses of most of its customers. But on March 21st, 2003, a random tourist decided to try his luck and in an instant became a Las Vegas legend.

The Largest Progressive Jackpot

It was on that fateful date that a young man came from Los Angeles to visit his relatives. A member of his family, his uncle to be precise, said that he should try the Megabucks slot machine which was in the Excalibur Hotel and Casino. He told the young man that the machine hadn’t paid out for some time….and that maybe today would be the lucky day. At that time, the Megabucks slot machine hadn’t actually paid out for nearly one year. We should also point out that this machine was based on the largest network progressive jackpot in the world.

Initially, megabucks had seeded the machine with $1 million in 1997 and then again, but with $10 million in 2005. But back in 2003, it had a starting seed of $10 million. If you add all the $3 per spin that was put into the slot over almost a year, then the prize was a massive $39.7 million when our young man went to play. He said to himself, that he would allow $100 to play and no more. It was some silly fun for him as he wasn’t a gambler. He just was following his uncle’s advice for no particular reason.

How Does the Megabucks Slot Machine Work?

Before we go on with our story, let’s first take a look and see how a Megabucks slot machine actually works. The Megabucks slot was originally put on the market in 1986 by its manufacturer, one of the best jackpot game providers, International Games Technology (IGT). At this time, all slots machines were “static” meaning that they were standalone machines, where each machine’s kitty and payout were based on the monies fed in. But IGT revolutionized the whole industry with the idea of linking machines together. These then became progressive jackpot lotteries. This would also increase the jackpot total. So, if a player was playing a slot in Reno and another anywhere else in Nevada, then all their monies would go towards just one pot.

Over One Year Since the Last Payout

Are Slot Machine Jackpots Ever Paid Out Crossword Clue

This “wide-area progressive slots” idea was an instant success. Players were transfixed on the machine’s meter, showing the prize rising to seven figures. In fact, you could watch the meter climb every day, as the odds were very very long on the possibility of winning the top prize. The actual Megabucks slot machines were very simple in design. There were none of these multiple pay-lines and expanded reels that you find on today’s machines. It was just three reels. You 43 was to send these spinning. They each featured the traditional symbols of sevens, bars, and cherries. All you had to do was line up three ma