Dating back to the early 2000s, slot machines were only legal in 31 states around the U.S. Today there’s around 40+ states that have made them legal as well as other states that are in the process of being added to this number soon. If you think the U.S. has a lot of slot machines, check again. In Japan, slot machines are more popular and accepted than in the U.S. In comparison to the rest of the world, Japan is #1 on the list for having the most slot machines, followed by the U.S. ranking in at #2. Japan alone has around 5 million slot machines, and a smaller population than the U.S.
With all this talk about how popular slot machines are, have you ever dreamed of walking into a casino and then walking back out a millionaire? Surely, a lot of people have, especially when there’s so many slot machines out there that offer progressive jackpots such as the Megabucks slot machines, which have enormously large jackpots. In fact, Megabuck slot machines are a very big network operating their machines all over Vegas, and run by a company called International Game Technology (IGT). Speaking of Megabucks slots, that’s exactly what we’ll be talking about in this article. We’ll be looking at some of the winners, locations of the machines, what kind of jackpots they offer and what kind of odds they have.
Megabucks Slot Machine If you’re looking for a shot at mega bucks then this is the slot for you. Megabucks is a IGT slot with 3 reels and a single payline. It’s a classic slot game with lots of features. Hitting a winning combination on the Megabucks $1 slot machine.
![Megabucks Megabucks](https://www.casino.org/blog/wp-content/uploads/casino-3491253_1920.jpg)
Megabucks Slot Machine Payout Rules
If you’re familiar with the appearance of the classic slot machines, Megabucksslot machines are very similar holding a true and classic style with just three columns and only one payline. In order to spin the reels with the possibility of hitting a jackpot, the typical rules are that you need to bet at least a dollar, going up to three dollars. Keep in mind, in order to have a chance at winning the progressive jackpot, each spin must be three dollars. Of course you can win other smaller payouts from other combinations, however the Megabuck symbol is the symbol with the most value, and if you get three Megabuck symbols, you will be walking home with tons of cash in your pocket. What’s cool about Megabucks, all the slot machines around Vegas are all connected to one another. That means each person gambling on these machines is contributing to the jackpot amount, and whenever someone wins the jackpot, the jackpot amount for that machine, as well as all the other ones are reset to the starting amount which is $10,000,000. As of now, there are approximately 800 of these machines being operated in about 150 casinos in Nevada.
Megabucks Slot Winners
Over the last 20 years or so, Megabucks has had a handful of winners who walked out of the casinos a millionaire. As mentioned before, the progressive jackpot award starts at $10,000,000, meaning it continues to go higher until someone gets lucky and wins. Since Megabucks was first introduced back in 1986, on average 2 people win each year. Only one person won in 2016, whereas three people won in 2013, however in the year 2000, six people won. The biggest jackpot amount ever won was taken place at the Excalibur casino back in 2003, where someone took home a gigantic check with their name on it for a whopping $39M+. Keep in mind that the nearly 40% of the earnings are removed after having to pay state taxes from the winning amount, which can dramatically drop the initial win amount.
Speaking of Megabucks slot winners, below are some people that have won over the years:
- In 2000, a local cocktail waitress aged 37 won almost $35M at the Desert Inn
- In 1998, a woman who was almost 70 years old won nearly $28M at the Palace Station, and only spent around $300 to reach that win. On top of that, she won close to $700K from another machine sometime before
- In 1999, a 44-year-old man won over $21M at Caesars Palace who only supposedly won on his first spin
- In 2002, a lady at the age of 74 gambled around $150 at one of the Megabucks machine at Bally’s casino, and turned it into approximately $23M
- In 2005, a 92-year-old man won close to $21M at the Cannery Casino, and won another Megabuck jackpot at time before that one back in the late 80s for about $4M from the casino at the Mirage.
- In 2011, some lady bet only around $6 and ended up winning approximately $12M from the Megabucks machine at the Aria.
Megabucks Slot Machine Odds
Las Vegas Megabucks Slot Machine
Now let’s talk about the Megabucks slot machine odds. First of all, all the official machines are equipped with a software installed called a Random Number Generator (RNG) Free online slot machine games for fun. , which controls the random behavior of each spin. The RNG ensures that each spin that takes place is indeed random, making it impossible to control anyone’s payouts.
Although not guaranteed, but some people believe the odds of winning one of the Megabuck jackpot awards are anywhere from 1 in 17M to 1 in 50M, which means the odds of actually winning are worse than a majority of the state lotteries. Aside from the jackpot odds, the non-jackpot spins have a higher house edge than the slot machines without a progressive jackpot feature. Overall, there’s a possible chance anyone could win a Megabuck, since the odds are so small it will take a lot of losses before someone will actually wins. Most winning slots in vegas. Nonetheless, you have to play in order to win, so don’t let the odds hold you back. If you think you’re the lucky one, go for it.
![Megabucks slot machine locations Megabucks slot machine locations](https://i.ytimg.com/vi/ArxxhPT0anY/maxresdefault.jpg)
Here at Caesars Casino online, we offer a progressive jackpot feature on some of our video slot machines, which is similar to the Megabucks. In fact, if you’ve never played a progressive jackpot feature before, this is a great way to try it out for your first time, for free without any risk involved. Even if you have some experience with them, go ahead and play them anyways for some fun and/or to practice before you gamble at a real casino, with real money.
Megabucks Slot Machine Winner
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Megabucks Slot Machine Current Jackpot
Megabucks is the most famous slot machines in the world today. Created by International Game Technology (IGT), this progressive slot can be found in casinos throughout Las Vegas and Nevada. Several smaller versions of Megabucks are offered in other jurisdiction too. It can be easily found in casinos in Macau also. Megabucks is certainly the largest casino jackpot in the world and are also the first slot to link machines from different casinos to generate the largest possible reward. At one time, Megabucks slots held 8 of the top 10 biggest slot machine jackpots in the history of Las Vegas. Although the top 10 jackpots change every year, most of the huge payouts come from Megabucks slots in Nevada and Las Vegas.
How to play
Megabucks is a 3-reel, $1-per-coin slots game which has simple set-up. You need to bet 3 coins to activate the top payout, i.e. you need to make a $3 bet to qualify for the progressive. When the progressive hits, the slot automatically resets to $10 million. It can produce life-changing amounts anytime you step up to these machines. The game also comes in 5 reel format, though these are increasingly harder to find in Las Vegas. The first Megabucks slot machines were placed in Las Vegas casinos in the mid-1990s. The first progressive jackpot was hit on October 18, 1995, at the Gold Coast Casino. Over the years, Megabucks slot has had 46 progressive wins.
Where to play
There are a total of 99 different casinos in Nevada which have a Megabucks slot machine, i.e., –
• 67 in Las Vegas
• 10 each in Henderson and Laughlin
• 03 each in Primm and Mesquite
• 05 in North Las Vegas
• 01 in Jean
All these 99 casinos are linked to each other
Online version
IGT now has an online version of Megabucks slots.This is a 5-reel, 60-pay line gaming machine which can be found at most online and mobile casinos which use IGT software. Like the land-based version, it has a progressive jackpot. To scoop the online version Megabucks jackpot, you will have to place a 5-coin bet. The max bet on the game is 300 credits, which translates to $3 per spin for the penny players.
Now as the land-based version is a 3-reel game and online-version is a 5-reel game, both the versions have much different game mechanics. The online version jackpots are not as large. Still, online Megabucks slots are some of the best internet jackpots.
How to play
Megabucks is a 3-reel, $1-per-coin slots game which has simple set-up. You need to bet 3 coins to activate the top payout, i.e. you need to make a $3 bet to qualify for the progressive. When the progressive hits, the slot automatically resets to $10 million. It can produce life-changing amounts anytime you step up to these machines. The game also comes in 5 reel format, though these are increasingly harder to find in Las Vegas. The first Megabucks slot machines were placed in Las Vegas casinos in the mid-1990s. The first progressive jackpot was hit on October 18, 1995, at the Gold Coast Casino. Over the years, Megabucks slot has had 46 progressive wins.
Where to play
There are a total of 99 different casinos in Nevada which have a Megabucks slot machine, i.e., –
• 67 in Las Vegas
• 10 each in Henderson and Laughlin
• 03 each in Primm and Mesquite
• 05 in North Las Vegas
• 01 in Jean
All these 99 casinos are linked to each other
Online version
IGT now has an online version of Megabucks slots.This is a 5-reel, 60-pay line gaming machine which can be found at most online and mobile casinos which use IGT software. Like the land-based version, it has a progressive jackpot. To scoop the online version Megabucks jackpot, you will have to place a 5-coin bet. The max bet on the game is 300 credits, which translates to $3 per spin for the penny players.
Now as the land-based version is a 3-reel game and online-version is a 5-reel game, both the versions have much different game mechanics. The online version jackpots are not as large. Still, online Megabucks slots are some of the best internet jackpots.