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Mega Moolah Casino Slot Hits the 4 Million Mark

By: Rick Balding, Friday October 3rd 2008
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Since the Microgaming progressive jackpot game Mega Moolah hit the $3.5 million mark early in August online slots players have been waiting for one of two events. The first is someone hitting Mega Moolah and the second one is the jackpot crossing the $4 million mark. Fortunately for the hopefuls it is the second event that happened a few days ago. The rise has been slower than anticipated considering the fact that the jackpot rose from $1 million to $3.5 million in about 4 months since it was last hit in April 2008. But the speed should pick up now because more players are bound to come aboard the bandwagon at this high level. Mega Moolah paid out $5.6 million when it was last hit, which is a record highest for that online slots game. If not hit before then it should break this record early next year. When it was introduced in 2006 it won the Best New Slots award from Slots Jam and this is not surprising because it starts at a whopping million dollars every time it is reset. Therefore it makes a millionaire with every hit. Mega Moolah slots average payout has been over 2 million dollars.

In terms of present progressive jackpot value all the other Microgaming online slots games are far behind. There is no other Microgaming progressive that is above the million dollar mark. This is because they are all reset to levels much below the Mega Moolah mark. The closest to a million is Roulette Royal at just over $940K. Roulette Royal is not an online slots game but a roulette game with a progressive jackpot on a side bet. The progressive jackpot in Roulette Royal wins when a player hits the same number five times in a row. The odds of this happening are mind-boggling but the side bet pays out fixed amounts for hitting two, three or four numbers in a row. The highest that Roulette Royal has paid out so far is $478K and hence the present level is almost two times the record payout.

Then there are two popular online slots around the $700K mark. These are King Cashalot and Major Millions. Major Millions was the first online slots game to give a payout of over a million dollars. It is rest to $250K, its record payout stands at about $1.5 million and its average payout is $525K. In 59 payouts Major Millions has distributed almost $31 million. King Cashalot is rest to $100K, its record payout stands at about $1.75 million and its average payout is $673K. In 23 payouts King Cashalot has distributed over $15 million.

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