Progressive Jackpots are some of the largest casino payouts in the industry. This is because the game‘s prize money is collected from a fraction of each player’s wager. When millions of people are playing, the top prize money can climb to dizzying heights. Of course, brick-and-mortar casinos have their progressive jackpots. These are commonly found in the slots machine section.
However, it is in online casinos that progressive jackpots have expanded. Since online casino clientele can be counted in the millions, jackpot money can rise fast. For Canadian punters, as with other players across the globe, the progressive jackpot that is most talked about is Mega Moolah from Microgaming.
This jackpot alone has made over 70 millionaires since it was launched in 2007. What makes Mega Moolah so special is that the jackpot is paid out in the currency it was won in. For instance, a Canadian player playing the minimum bet will play with CAD$0.25 while a US player will play with US$ 0.25. This enhances fairness for all players
The Top Winners
January 30 2019 saw a Canadian punter smash the record of progressive jackpots when he won the staggering amount of CAS $20,069,287.27 on the Mega Moolah progressive jackpot. This win was ranked third for all-time winnings. The player won the cash at Zodiac Casino. Because Microgaming announced the winnings in Euros, the player, who goes by the initials E.O, took home € 13,328028.16
The jackpot was the highest amount ever won on Mega Moolah. However, since the player was playing using Canadian dollars, he could only get the winning amount in the currency he was playing with.
To ensure fairness in its jackpot, Mega Moolah is paid out in the currency in which the player was using at the time of the win. For ranking of the largest jackpots, Microgaming converts the winning amount into Euros. If EO had been playing using Euros, his win would be the largest in history.
Before EO,s win, a Grand Mondial player who remains anonymous won €18,915,872.81 which was a record. An interesting fact is that both Zodiac Casino and Grand Mondial casinos have had welcoming bonuses that offer free spins on Mega Moolah.
5th March 2019 will forever remain etched in the mind of LV. The casino player had opened an account at Lucky casino which is runs exclusively on Microgaming software. It also offers free spins as part of the sign-up package. On this day, Mega Moolah spins were part of the package.
LV won the jackpot valued at approximately US $12. 40 million. This win pushed him into the growing list of millionaires that have got the title courtesy of the Mega Moolah jackpot.
On 17th August 2020, Lucky Casino was the place to be if you wanted to change your life dramatically. A Swedish player became the latest winner of the Mega Moolah progressive jackpot on this day. The win brought him mind-boggling wealth as well as a place in the history books.
At €14, 259,532.84, the win made the player the winner of the fourth-largest jackpot amount in history as well as the winner of the highest jackpot in Swedish history. Like several winners before him, the player chose to remain anonymous. However, he did share his experience of the event. It seemed surreal in a pleasant way before the casino called to confirm that he was indeed a winner.
Among the Canadian winners that have made it into the list of Mega Moolah millionaires is a man that won CAD$16,496,347.95 on April 5th. This was the third-largest payout in progressive jackpots. The money was won at Jackpot City casino. Since the prize money was in Canadian dollars, the balance that would have been paid out if the money was in sterling pounds was returned to the jackpot pool.
Another Canadian player was the beneficiary of lady luck’s smile when the reels on the Mega Moolah slots stopped spinning with the pointer pointing at the Mega Moolah jackpot of CA $6,720,526.62.The win was on December 6th, 2020.
Finally, a Belgium player won a massive Jackpot of €19.4 million in the Mega Moolah game after placing a bet of €15 on Absolootly Mad on April 27, 2021. This was a world record that trumped the previous record of €17.9 million that was won by UK soldier Jon Heywood at Betway Casino in 2015.
Is Mega Moolah legit? Yes. Microgaming, the company that owns Mega Moolah is one of the largest players in the provision of quality games for the casino industry. They have won numerous awards for setting standards in the casino industry and are considered among the top casino software developers.
Other than quality, Microgaming has the necessary pedigree in providing security for its games. For Mega Moolah players, nothing beats the chance to win life-changing money with the tiniest of bets. If you consider yourself lucky, maybe Mega Moolah holds the key to your fortune. In any case, there is no reason not to have a bit of fun at these slots.