The jackpot on Microgaming’s ever-popular progressive jackpot pokie Mega Moolah has been hit not once, but twice, in a period of only a few weeks.
First up, a jackpot of NZD$4.46 million was hit by a player at Quatro Casino (part of the Casino Rewards Network) in early June. Then, on 18 June, the jackpot was won again at Spin Palace online casino, the winner on this occasion netting NZD$3.7 million.
Microgaming’s Chief Executive Officer, Roger Raatgever, commented on the wins: “It is always very exciting when a progressive jackpot gets hit—not only for the player, but for the operator and the whole team at Microgaming too! What makes it even more rewarding is that the player will receive a single cash payout in full rather than an annuity, so players become instant millionaires!”
Spin Palace mobile casino also holds the record for the largest mobile progressive jackpot win, with a player netting NZD$7.25 million on the mobile version of Mega Moolah in October 2013.
Since its launch in 2006, Mega Moolah has paid out over NZD$52.8 million, with an average Mega Jackpot size of NZD$4.8 million. The jackpots on offer are so substantial because the game is played on a global network, with a with a percentage of every losing spin contributing to the overall pot.
Mega Moolah is a 5 reel 25 payline pokie with coin values of $0.01, $0.02 and $0.05 and a maximum bet that ranges in size from $0.25 – $6.25. The progressive jackpot feature is randomly triggered, and after gaining access to the jackpot round, players are guaranteed to win one of four unlimited jackpots: Mega Jackpot (minimum $1,000,000); Major Jackpot (minimum $10,000) Minor Jackpot (minimum $100); Mini Jackpot (minimum $10).
After the jackpot round has been triggered, players are taken to a separate screen where the game show-style Mega Moolah Jackpot Wheel appears. This is divided into 20 segments (1 x Mega Jackpot; 3x Major Jackpot; 6x Minor Jackpot; 10x Mini Jackpot), and after the spin button is clicked, the wheel begins turning. Wherever it stops is the progressive jackpot that is won. The average length of time between Mega Jackpot wins on Mega Moolah currently stands at 29 days.
