Online 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 soon.
 

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