Mega Moolah holds title for largest progressive jackpot slot ever

Mega Moolah from Microgaming is a progressive jackpot slot.

Mega Moolah from Microgaming is one of the most globally recognized progressive jackpot slot games in existence. It has survived the test of time since it was first released to the world back in 2006. This fun, African animal kingdom themed slot features a x2 multiplier wild, free spins with x3 win multiplier and of course its most famous feature of all – a progressive jackpot Bonus Wheel. This high volatility slot has been optimised for mobile, tablet and desktop. It is typically available as an instant version though it may also be available as a download version.

The Mega Moolah Bonus Wheel

The Bonus Wheel in Mega Moolah is where it is possible to randomly trigger one of the four progressive jackpots. These are the Mini, Minor, Major or Mega. While the chances are slim, they do improve as our bet level rises. The one that we’ll want to win is definitely the Mega progressive jackpot!

Payout statistics

The Mega Moolah progressive jackpot has had a fabled history when it comes to payouts. For the first 6 months of 2020 alone, almost £25 million has already been paid out, spread out over 7 wins with an average payout of £6,236,617.93.

No other slot game has even come close to this amount. On average, the jackpot is won every 42 days with a payout of £8,500,360. These jackpots have been won in a number of different currencies including GBP, CAD and NZD.

These numbers are not as high as last year’s probably due to the worldwide COVID-19 pandemic, but are still impressive.

In 2019, the slot machine offered over £110 million to 12 players!

For 2020, the jackpot amounts continue to defy gravity. On April 5, a player triggered a CAD$16.5 win. This was followed by a NZD$13.6 million win on May 8.

The last big jackpot was won on August 17 with a win of £12,885,330. The history of the dozens of jackpot wins dates all the way back to 2007 and continues going strong!

Jackpot win overdue

With the average payout frequency being 42 days. The last win was only two days ago, awarding £4,026,766. It had been 20 days since the last payout. But this year it happened in May that the jackpot was won three times in the same month. The current jackpot stands now at about nearly £2 million and we are watching with anticipation as the figure climbs by the hour and day.

The game is famous for its mega payouts which have reached millions.

About progressive jackpots

It’s important to note that the odds of triggering a progressive jackpot are slim. These are high risk and higher reward games often referred to as high volatility or variance. What this means is that you will very likely need to play with a higher bankroll for better odds of triggering a big win.