The legendary Megabucks slot machine

All visitors dream of legally “robbing” the casino and hit the jackpot. In many video slot games, the top prize amounts to hundreds of thousands of dollars. But there is a legendary machine called Megabucks, which has a jackpot of tens of millions of dollars. Incredible stories of instant gratification, scandals, and dark legends are associated with its existence. Read about this machine as well as its winners in our article.

Megabucks is a whole network of slot machines located in different casinos and combined into a common system. The owner and management company of all the machines is the American corporation IGT (International Game Technology). The jackpot of the network is formed on a progressive system and sometimes reaches unprecedented size. IGT always conducts an aggressive advertising campaign to support the drawing of the next multimillion jackpot, and the heat of passion around Megabucks reaches unprecedented heights. But here are experienced players who think this machine greedy and not worthy of attention. Let’s try to figure out why they do not like it so much. In any case, if you are interested in gambling, you can find a reliable casino here https://slots-online-canada.com/review/spin-palace-casino/.

How is this mega machine

This is a traditional 5-reel slot with 60 pay lines. In order to qualify for the jackpot, the player needs to bet from $3. On this subject, there are many scandalous stories. It happened that a person could not get the jackpot, because his bet was less than necessary. After each drawing, the new top prize begins to grow from a certain amount. Currently, it amounts to $10 million. Although IGT plans to increase it by another million.

Payout percentage

Megabucks slot machine network is located in several states and Indian reservations. Therefore, it operates in accordance with the gaming laws of these territorial subjects. In other words, each region has its own payout percentage and its own probability of winning. The payout varies from 85 to 90% depending on the state. Therefore, gambling enthusiasts looking to increase their chances of winning fly across the country. To bet in Nevada, California, or Philadelphia. Because the casinos located in these states have a tax break. And this will allow the lucky winner, in case of winning, to save substantially.

Getting the winnings

This is a separate story. If a person was lucky and he hit a multimillion-dollar jackpot, the hands of all the money he does not give. Regardless of the size of the prize, the winner receives a check for $1.4 million. For the rest of the money, IGT offers a choice of two possibilities. Either take 60% of the jackpot at once or receive the full amount, but in installments over a period of 25 years. And in either case, the winner must pay another 38-40% tax on winnings. Most lucky winners agree to the second option.

The progressive jackpot in online casinos

Although in order to try to hit the jackpot on the Megabucks slot machine, you will have to visit Nevada, online gambling enthusiasts can easily find similar slots online. The best providers of gaming software, inspired by the popularity of the Megabucks slot, offer gamblers their own versions of slot machines with a progressive jackpot. Lovers of trying their luck can easily compete for millions sitting in the comfort of their homes in front of the monitor or in any place, playing on your smartphone.

The most famous slot machines with progressive jackpots, which can be played online are also becoming a legend, the machine with million-dollar jackpots Mega Moolah from Microgaming, Mega Fortune, and the Hall of Gods from NetEnt, Jackpot Giant from Playtech. You can find them at online casinos from this ranking https://slots-online-canada.com/.