Progressive Video Slot Jackpot Tops $4 Million
by Elizabeth Nguyen, News Staff Writer
November 26, 2007
Microgaming's largest progressive jackpot, Mega Moolah, is now
worth over $4 million, which seems like the norm these days for the popular
online video slot. Now offered at over eighty online casinos, Mega Moolah has a
starting jackpot of $1 million, and has already awarded some hefty sums since
the time of its recent launch this year.
Considering that Mega Moolah hasn't created a millionaire just
yet, is giving many players reason to believe it is bound to hit any day now.
When it does, Mega Moolah will join Microgaming's illustrious list of
millionaire making games, which include King Cashalot and Mega Millions. All in
all, the Microgaming jackpot network has made eleven millionaires to date - the
largest jackpot being worth almost $2 million!
The most recent big-money win at the Mega Moolah reels was hit
at Piggs Peak online casino. One of only two legally licensed online casinos
operating out of South Africa, the win at Piggs Peak was fitting considering the
African bush theme of Mega Moolah. If you have ever watched the movie "Lion
King", the cinematic introduction to Mega Moolah upon downloading the game is
just like the movie, while the game itself is as realistic as playing any Vegas
casino slot machine.
Mega Moolah is a medium to large sized five-reel video slot
with twenty-five paylines. The minimum bet amount is .01 per coin, and 0.05
coins are the maximum. A total of five coins per line can be wagered, which is
required on every payline in order to be eligible for the progressive jackpot.
This entails a bet of 6.25 per spin. As mentioned the top jackpot pays a minimum
of 1 million while the three lower tier jackpots each pay 10,000/100/10
respectively. Mega Moolah offers a wild symbol that doubles winning amounts and
and scatter symbols which can trigger a bonus of 15 free spins.
The jackpot was awarded in South African Rands for the amount
of 4.3 million, which converts into 631,000 U.S. Dollars. The lucky player,
whose name was only revealed as R.V. for personal privacy, is a 27-year old
computer programmer who says he will keep working his day job and invest his
money wisely. Piggs Peak Casino said they will be holding a press promotion with
the player in the coming days and to expect more details on their website very