Another Quick Millionaire Made Gambling Online
by Elizabeth Nguyen, News Staff Writer
October 10, 2009
Everyone will agree, even the online casinos
themselves, that it's always good news when a player
wins a big jackpot. And when I say big jackpot, I mean
really big jackpot. In the online gambling world,
there are millions up for grabs at any given moment, and
the reality of actually becoming a millionaire gambling
at an online casino does indeed exist.
Take, for example, the recent £1,031,985 progressive
jackpot win by a player in the UK. Struck on the popular
Microgaming software network, which quite frankly, has
the largest aggregate jackpots of any other online
casino software network in business today, the news
wasn't that surprising considering just how many
millionaires have been spawned over the short 10+ years
online gambling has been in existence.
Details of the win show that it was hit on the
popular King Cashalot video slot, which can be played
from any Microgaming Casino (so long as you are not from
the U.S.) See the OCS
Microgaming Casinos page for our
top picks. Currently, the largest aggregate progressive
jackpot is the wildly popular Mega Moolah video slot, no
valued at approximately $/€/£ 5.25 million.
The player, who is known only as Mr. S. due to
privacy laws, made a £2.25 wager to get the reels to
relinquish their prized wares. Not a bad return at all.
While he most likely spent more than that leading up to
the jackpot, Mr. S. surely got his money's worth and
should be considered very lucky being in the right place
at the right time.
Now, all he has to do is wait patiently for his
one-time payment. While the typical procedure at online
casinos is to pay out large jackpots in installments,
since this was a true progressive jackpot, the player
receives all the cash up front. Not even tax money is
taken out, although it is highly advised players do so
on their own. It's safe to say that after winning a £1
million plus jackpot, hiring an accountant would hardly
make a dent.
According to a preliminary press release, the player
is on record saying that he wasn't just shocked when he
saw the payout, but that he was flabbergasted. He called
in the nighttime early morning hours to verify if it was
true and when told, yes, Mr. S. he was going to enjoy a
celebratory brandy nightcap.