Online Slots Player Hits Mega Moolah Jackpot

Mia Gardner | 10 Sep 2020

When it comes to progressive jackpot multi-million dollar wins, most think of Mega Moolah. This, by extension, means that most associate the biggest online slot wins with giant iGaming company Microgaming. It isn’t a wonder why, though, as another lucky player has managed to bag the Mega Moolah Mega Jackpot. The amount handed over was a blistering $4,027,524. Though, this isn’t the biggest amount won by a long shot. But we’ll get to that.

As it stands, a Mega Jackpot is paid out roughly every eight weeks. This isn’t an exact science, of course, but it can be expected that at least once every 2 months a multi-million amount will be paid out. This is isn’t taking into account the smaller big payouts though, which are awarded far more frequently, and average above the $10,000 mark.

Biggest Win In History

As of December 2009, the Mega Jackpot has been paid out a total of 68 times. The average amount awarded is $6,183,828, which makes the latest slightly low, relatively speaking. But then few are going to complain about grabbing $4 million playing an online slot. The biggest win ever occurred in 2018, when a player at Grand Mondial managed to snap up a mind blowing €18,915,721.

As to how much the biggest payouts will be really is a matter of chance. But anyone paying attention will notice that the totals have been generally climbing as far as zeroes are concerned. This is because Microgaming has been increasing the seed amount, otherwise known as the initial sum that is allocated to the prize pool.

How It Works

Anyone interested in trying their hand at landing a life changing amount of cash will find that it is a relatively simple task. All that is required is to play a Mega Moolah branded online slot. Most interesting of all is that the Mega Jackpot is awarded completely at random. This means that a specific betting amount is not required, or even a special option in the game. It is simply a matter of spinning the reels, crossing fingers, and hoping for the best.

As most already know, progressive jackpots grow with each spin that is taken, after the initial seed amount. Which is to say; a small amount of every wager being added to the lump sum. But this works for every player spinning the Mega Moolah online slot reels, anywhere in the world, which explains how the amounts eventually get so astronomically high.