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Megabucks is a popular slot machine offered by IGT featuring one of the highest progressive jackpots among all slot games. First introduced to gamblers in 1994, Megabucks is now available in dozens of casinos in the United States. The highest concentration of Megabucks machines can be found in Las Vegas and Reno. Megabucks Slot 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. 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 is a Dollar coin Slot Machine that must have 3 coins ($3.00) played to hit the The jackpot is reset to $10,000,000.00 after a jackpot is hit. Location of Megabucks Slot Machines in Las Vegas. This map was created by a user. Learn how to create your own.
Megabucks are slots with progressive jackpots, combined into a single network that covers casinos in several American states. The owner and operator of this network is International Game Technology, better known by its abbreviated name IGT.
Megabucks slot is considered as an alternative to state lotteries and enjoys incredible popularity among Americans. Actually, there is an opinion that IGT specifically released it to create a lottery competition. Since the beginning of the eighties in the twentieth century, when the slot was launched for the first time, this slot made dozens of players millionaires.
Thanks to the skillfully organized advertising company, every Megabucks jackpot, when it reaches a considerable size, causes a real excitement among the gambling public. And every hit of the progressive jackpot is widely covered in the media, attracting even more casino visitors to the slot. No other slot in the world is overgrown with so many incredible myths, rumors, and legends. But with all this, there are a lot of gambling experts and just experienced players who consider Megabucks a hideous slot that absolutely does not deserve so much attention. So, who is right: fans or opponents of this slot?
Where to Play the Megabucks Slot
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2 | Tuscany | $30-60Avg. Room Rates | View Deals |
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4 | Tropicana | $80-160Avg. Room Rates | View Deals |
How to Play Megabucks
The classic version of the Megabucks slot from IGT is a 3-reel slot machine with the only one payline. In order to qualify for a progressive jackpot, the player must definitely bet three dollars. There are a lot of stories (both true and fictitious) about casino customers, who had the jackpot combination, but they did not receive any jackpot because of a bet less than three dollars.
Megabucks Slot Machine Current Jackpot
The progressive jackpot is not completely nullified when a lucky winner gets it but starts to grow from a certain amount. In recent years, this fixed amount is $10,000,000. There are persistent rumors that soon this initial sum of the jackpot should increase by one million.
Megabucks Slot Odds
Strange as it may seem, there is no official information about the probability of winning the Megabucks jackpot. Some casinos say that the player has one chance out of 50 million, while others claim that this is one chance of 17 million. Whatever it was, when the sum of the jackpot is large enough, fans of this slot are ready to fly thousands of kilometers to try their luck.
What do Lady Luck’s favorites have from this slot? Do they get all that huge amount of money that is advertised? When you win a jackpot, events can unfold as follows. First of all, the lucky guy will receive a check for $1,400,000. Then the winner is given two or three months to decide how he wants to get his winnings. There are two options: the amount is divided into annual payments, which will be transferred to the player within twenty-five years, or he can get the winnings immediately at a time, but at a rate of 60% of the jackpot.
That is, having won ten million, the winner can receive in the second variant only six million, but at once and with one payment. After receiving the win, he still has to pay taxes. Unsurprisingly, almost all holders of Megabucks jackpots prefer to receive their winnings in the form of annual payments.
However, in this case, they also have to pay taxes, the Internal Revenue Service of the United States (IRS) very strictly follows this. Subtract from the total amount of the jackpot another 40%, because such winnings are taxed at the maximum rate. So, the next time you hear that someone has won ten million in Megabucks and immediately took all the money, you know that the lucky guy got a little over three and a half million at his disposal.
The Curse of the Megabucks Jackpot
As already mentioned above, there are a lot of urban legends about the Megabucks slot and its jackpot, mostly of a gloomy nature. For the most part, they describe the tragic fate of players who managed to win a huge jackpot. It is believed that almost all the lucky people either perish or suffer numerous woes. The cause of their numerous misfortunes is the so-called Curse of the Megabucks slot.
Of course, in these stories, there is much more fiction than the truth. However, there is no smoke without fire — some winners, really, seriously suffered after they won the jackpot. In particular, the further life of the waitress Cynthia J. Brennan, who won $34.9 million in 2000, was sad. A month and a half after the win, Cynthia and her sister were hit by a drunk driver. The sister died on the spot, and Cynthia was forever paralyzed. The guy who drove the car in a state of intoxication was imprisoned for twenty-eight years.
But the rumors about the curse of Megabucks spread even before the year 2000. Simply, this accident was widely covered in the press and made people remember about other similar events, which at that time did not become so resonant. In 2003, many media published a story about a 25-year-old player who became the owner of the Megabucks jackpot and either died from a drug overdose in a casino hotel or was killed in a street shootout. IGT companies had to work hard to convince the public of the falsity of these statements.
No deposit slots uk. There are also a lot of rumors about underage players and employees of different casinos who won the Megabucks jackpot but could not get it due to existing rules. But none of these rumors received documentary evidence.
Many experts in the field of gambling suggest that ITG recently made relevant changes to the Megabucks system, which makes the jackpot play less often, but with larger amounts. Although officially the company claims that nothing of the sort has happened, this opinion remains very popular.
Where Could You Play Megabucks?
Most fans of slot machines and large jackpots are not afraid of the curse of Megabucks and are willing to play in this slot. You can find this slot in almost all real casinos on the Las Vegas Strip, as well as in other establishments in Nevada, California, New Jersey, Mississippi, and some Indian reservations. Each state has its own separate network of Megabucks slots, but the biggest progressive jackpots are expected in Nevada. In other states, jackpots are much smaller.
Megabucks Slot Jackpot
Why do Experts Consider Megabucks a Bad Slot?
Experts do not believe in the curse of the Megabucks slot, but this does not stop them from considering this gambling machine not worthy of attention. The fact is that this slot is very unprofitable for the player. Firstly, it has an extremely high percentage of the casino advantage, which reaches 10-15% (for comparison, many slots in the Las Vegas casino are limited to 2-3%). Secondly, the procedure for paying a jackpot is extremely inconvenient. The winner either loses 40% of the amount or gets it in parts for 25 years. But the progressive jackpots of most other slots are paid immediately and in full.
All this suggests that Megabucks is a mediocre slot, which gained its popularity only thanks to record payments and a masterly organized PR campaign.
See Also
Las Vegas Progressive Jackpots
As you may already know it is the Megabuck series of slots that can award the biggest life changing progressive jackpots, and there are a huge number of slot machines which have been designed by IGT that offer you the chance of winning that jackpot.
What you will find when visiting any land based casino is that a lot of standard slot machines will have attached to them the Mega Jackpot, however you do need to be aware that the only chance you are going to have of winning that huge progressive jackpot that is ticking away on the slot machine is by putting into play the maximum bet wager on every single spin you choose to play.
Whilst putting into play the maximum required wager may seem too expensive for some slot players who are playing on a very limited budget, if your slot budget can withstand the maximum bet wager then these really are going to be the best progressives slots to play, for over the years some huge and mega sized winning payouts have been awarded to lucky players who have lined up the Megabucks winning combinations, and with a lot of luck that next winner could be you.
It should also be noted that the odds of you winning a Megabucks progressive jackpot is going to be huge, however as only a small proportion of your overall maximum bet wager is being fed into the progressive jackpot pool then you can also often see yourself spinning in some very large amounts of cash via the base game offered on any Megabucks slot machine you are playing, and as such you should get plenty of enjoyment out of playing these network wide progressive jackpot slot machines.
To give you an idea of some of the most recent progressive jackpot awarding Megabucks slot machines that have been making their way onto casino floors in the US we have picked out four of them and given an overview of each of them below, and as you are about to find out there are many differently structured slot games which are part of the Megabucks series of slots and each of them have a completely different type of base game structure and playing format on offer.
Where to play the Megabucks Slots
You will find the Megabucks slot machines in land based casinos all over the US and as such if you are planning a vacation and there is land based casino nearby then you are going to be virtually guaranteed that you will be able to access and play these machines, it may be worth your while actually visiting the IGT website for that is where you are going to find the current value of the Megabucks jackpot and also find just which casinos have the slot machines offering the Megabucks jackpot on offer.
One online casino site that permits US based slot player to play any of their vast and impressive range of online slot machines is Casino Titan and if you do wish to give some progressive slot machines a little play time today from the comfort of your own home then make sure you take a look over their website for currently they are giving away a massive instantly credited bonus to all new depositing player which is going to massively increase your slot machine playing bankroll and will give you the maximum winning opportunities.
If you do decide to give the Casino Titan site a try they offer a range of Real Series slot machines which are worth checking out for when playing these multi stake multi line slots for any stake you choose you could instantly and more importantly completely at random win yourself a large progressive jackpot, along with being able to trigger all manner of unique additional bonus game feature rounds.
Mega Blast Megabucks
When we first played this, we weren’t too keen. It’s just far too simple, a bit like going from astrophysics to adding up. However, we stuck with it, and actually, it went from loathe to love! The slot offers a simple interface, however it is enhanced by the option of playing 2 slots at once. If you’re new to slots, or are looking for a more fast action session, then we seriously recommend you look into Mega Blast, as we know you won’t be disappointed.
Pink Ice Megabucks
Pink Ice may sound a little painful, but it’s not! This Megabucks slot is perfect for anyone looking to get a decent gaming session from a relatively modest budget. As with all of the Megabucks progressives, you have plenty of betting options, however, to get the best possible wins, we recommend you play a maximum bet. Not only will this give you an enhanced game, it will also greatly improve your progressive wins.
Reel Gold Megabucks
The Reel Gold Megabucks slot comes in two different versions, one is a 60 payline penny slot and the second is a 12 payline nickel slot, however the inner and outer workings of both versions are the same and as such when playing either one of these two versions of the slot you will have the chance of winning one of several local progressive jackpots or the Megabucks jackpot. This slot has a free spins bonus feature round and this is triggered via the scatter symbols.
The one major feature that separates this slot from most others is the stunning 3D graphics and animations, these really do bring the slot to life, and if you do see this Reel Gold Megabucks slot on offer then do give it a try, or maybe watch someone else play it for a short while as those 3D graphics are amazing.
Triple Platinum Riches Megabucks
The Triple Platinum Riches Megabucks slot is one of the more recent slots to be released on which the Megabucks jackpot is on offer, however there are also four other smaller sized local progressive jackpots attached to this slot machine which do tend to hit very frequently, and whilst those local jackpots are not as large as the Megabucks one they will always be worth winning.
This slot is structured in a similar way to the above slot machine and as such you are going to find two different payline formats which will be dependent on where you play this land based slot machine, a set of free spins can be won and the slot has 5 of the stepper type reels. The reel symbols in play on this IGT Triple Platinum Riches slot are the more commonly found ones including Cherries and Bars, and being an IGT low to mid variance slot you should see plenty of base game winning combinations forming as you play the12 or 60 paylines that it has on offer.
Playability
As you play any of the Megabucks series of slot machines you are going to experience the occasional near miss and by this we mean you may get a combination of reel symbols on your activated paylines that is just one symbol short of the Megabucks jackpot awarding winning combination, and whilst that may drive you slightly mad, what you do not want to do is to spin in the Megabucks winning jackpot combination but not have activated the required maximum bet wager which will turn that winning combination into a life changing jackpot win for yourself.
With this in mind you really ought to be playing each and every single Megabucks jackpot slot machine you play with the maximum bet wager live and in play, for just imagine if you played this slot for less than the maximum bet wager and the jackpot paying combination spun in, how would you feel knowing that if you had been playing a maximum bet spin you would have won that jackpot currently displayed on the jackpot meter.
So if you cannot afford to play this series of Megabucks slots for long periods of time on maximum bet wagers then just give it a certain amount of spins that you can afford to then opt to play another lower stake type of slot machine, for you really can never tell when that jackpot is going to be won but as long as you have given these slots some play time on maximum bet spins you will have a chance of winning that jackpot, albeit a very small chance.
April 15, 2014 - Offer valid as of date published. T&Cs apply.