Megabucks Slots Machine

3/29/2022by admin
  • Megabucks is one of the easiest slots to play – all you have to do is put money in the machine and press on the “spin” button. Because the slot itself doesn’t have additional gameplay features (such as free spins or symbols with multiple functions) and only a single pay line, the Mega Bucks slot machine is preferred by many players for.
  • Welcome to the Las Vegas TA Forum. Any progressive slot machine ALWAYS play max coin-in. Megabucks would be $3 per spin. The progressive starts at $10M. When I used to play Megabucks it was at the Cal Downtown, but that slot is in all the major casinos throughout the State of Nevada.
  • Megabucks Slots Details and Slots Guy's Review About The Game. While there are many slot machine manufacturers, IGT offers the slot games with the biggest jackpots. These jackpots are all won on progressive slot machines. Progressive slots machines are usually linked with other slot machines in the same casino and slots in other casinos.
Megabucks Slots Machine

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.

Megabucks slot machine

Not all Megabucks slot machine games are the same game, but they all carry the “Megabucks” branding on the machine, along with the now-recognizable logo on the face of the machine. Megabuck isn’t available online, but WildVegasCasino has 100s of slots game to choose from.

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

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 matching symbols on a single pay-line.

Megabucks Slot Machine: Massive Jackpot

All the current features on any slots just hadn’t been invented then. So there were no free spins, no scatter symbols, and certainly no video clips and wacky sound effects. It was just a simple no-frills slot machine, albeit with a massive jackpot. By the way, the game’s jackpot symbol is a “Megabucks Eagle” which shows the company’s distinctive logo. Now the odds of landing just one eagle are 1:368. And the odds of landing all three, and thus winning the jackpot are 1:49,836,032. It’s for this reason that the prizes go unclaimed for lengthy periods of time. And it’s this combination of long time periods between wins and all the $3 which are continuously being put into these machines, that allows the main prize to reach such epic proportions.

Megabucks was a constant in the news of the time, as huge jackpots were won. For example, a record-setting $27.5 million was won by a lucky player in 1998 at the Palace Station. Then another record jackpot fell to a cocktail waitress playing at the Desert Inn in January of 2000. That record-breaking amount was $ 34.9 million. And here we are, three years later, as our anti-hero sits down to play.

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$100 Flier Turns Into Life-Changing Record Jackpot Win

Megabucks Slot Machine

So, with just $100 to his name, our young man would of gotten only 33 spins. Yes, it’s true you can play the Megabucks slot machine for both $1 and $2. But you need to be placing the maximum wager of $3 in order to have a chance at the main prize. This player was maybe born lucky as he was to later reveal that he had three sevens on his birthday. Without any jackpot winning strategy and yet within those thirty-three spins, the young man watched in wonder as those three Megabucks symbols lined up. And, in the blink of an eye, he’d beaten odds of nearly 1: 50 million and won nearly $40 million.

Megabucks Slot Machine: The Winner is Still Collecting His Winnings

Interestingly enough the winner chooses to take his prize in yearly installments. This is a rare way of doing things. Many winners are concerned as to whether the game provider company, who has to pay the prize will be in existence in the next 10 years. Never the less, he decided on 26 installments of $1.6 million each year. From today, he still has another $15 million to collect over the course of the next 10 years. The winner wisely chooses to stay anonymous. He gave a statement, “I’m still stunned; it doesn’t seem real yet. But both of my parents are still working, so some of this money will go to fund their retirement.”

Largest Megabucks Jackpot Ever – And By a Long Shot

There was a confirmation from the vice president of IGT, John Sears, that the jackpot of $39,713,982.25 was the largest ever. “This MegaJackpot is nearly $5 million more than the previous world record slot jackpot amount of $34.9 million – this one goes into The Guinness Book of Records.”

Competing Jackpot Hunters Lament Loss of Record-Setting Total

Everyone was happy to see the jackpot finally find a winner. But there was also disappointment for many that the prize was now back to $10 million. For many hard-core slot players, the win was a bitter-sweet moment. The Las Vegas Sun newspaper did a series of interviews where they inquired as to the feelings of other long term slot machine players. Kim Wong from Kailua told the paper, “I was here at lunchtime around 12:30 and it was still around $39.7 million. Then I came back around a quarter after one and it was resetting. It was such a drag. It was a little more enticing with the $39 million up there. But I’m still playing.”

A certain Judy Selasky from Lavonia, Michigan told a similar tale. Saying that though a record payout was off the table, she and her husband would still play in hopes of a “lightning strikes twice” type of moment: “I said, ‘Hurry up and get up to the room, so I can get downstairs. I figure if he won, there might be some magic here. I’m not a hog.”

Conclusion: Winning the Jackpot on Megabucks Slot Machine

Las Vegas is a city that appears to only deal in excess. As we said at the very beginning, go big or go home. Well, this young computer programmer for LA did just that. And for many gamblers, knowing that someone was able to win such a huge prize, gives them the hope that one day, it could be them. Especially when you consider that 16 years have passed since that fateful day. And since then, though many jackpots have come and gone, still no one has come close to that record amount of cash. Check out our casino jackpot guides.

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Megabucks Slots Machine

Well-known as an exciting, attractive and fascinating game, which has various interesting variations, megabucks slots offer high payouts and entertaining time to spend. That is why it’s no wonder that millions of casino fans make the game their first choice. Modern megabucks slot machine games have interesting features. Since every type or variation has its own specific characteristics, gamblers are always truly thrilled each time they begin to play.

Generally the megabucks machines are the machines that provide jackpots to those players who adore pay-lines. The traditional machine of that type includes 5 reels and sixty pay-lines. What make the game so intriguing is that it offers really great progressive jackpots. Basically, these jackpots are the largest offered in casinos. Thus, jackpots provided by megabucks slot machines can be up to $40,000,000.

To some extend this game reminds of the lottery with the only difference in the payback percentage, because in megabucks games it is about 90% when with the lottery it is only 52%.

The Myths About Megabucks

There is a legend that there is a megabucks game curse. If you find some time to look through online pages, you will definitely find a few stories about large megabucks jackpots winners who faced a tragedy. Many players believe that the curse exists and everyone winning jackpots sooner or later has to deal with it.

For instance, there is a story about the man who won about $39 million and died. Another story tells about the waitress who won $34 millions in the jackpot and then was hit by a drunk driver. You can also come across different stories about the lucky winners who could not collect their jackpots for some mysterious reasons. Any legend regarding megabucks slot machines is interesting in its own way. Of course, the only evidence that such stories are true to life is your personal perception of the reality. Some gamblers enjoy them while others try to stay away from these slots not to get into a huge problem.

If you are not scared and still feel like making a shot at the greatest jackpot, you are more likely to spend only about $3 to start playing. The point is that gamblers can play megabucks slot games for only $0.01 per one coin, however, in order to qualify for some 300 credit jackpot every player needs to bet three dollars.

Like any other way of gambling, these slots offer the game of chances and you can never be 100% sure that the next jackpot will be yours. That is why before playing on real money, you should take your time and practice a bit. Therefore, there are many interesting web site offering free slot game of any kind. Probably the best thing of these sites is that you can gamble as much as you want and at the same time never lose a cent. Once you feel like playing on cash, you should keep in mind that the Internet is flooded with online casinos that provide their players with attractive bonuses.

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