The top jackpot is paid in annual installments, upon verification of the win.įor more information on IGT and MegaJackpots(TM), visit the company web site at SOURCE IGT Connie Fox, +1-70, or Rick Sorensen, The Nevada progressive system connects 691 slot machines in 160 Nevada casinos to a top jackpot that builds from a base amount of $7 million. Megabucks(R) is a 3- coin dollar progressive slot machine that was launched in Nevada casinos in March 1986. In its 17-year history, Nevada Megabucks(R) has produced 58 major winners, whose combined winnings total more than $425 million. The $34.9 million jackpot, now the second-largest ever, was hit more than three years ago at the Desert Inn in Las Vegas on Jan. 'This one goes into The Guinness Book of Records.' 'This MegaJackpot(TM) is nearly $5 million more than the previous world record slot jackpot amount of $34.9 million,' said John Sears, vice president of MegaJackpots(TM) for IGT, the creator of Megabucks(R).

'But both of my parents are still working, so some of this money will be used to fund their retirement.' 'I'm still stunned it doesn't seem real yet,' the winner said. The unmarried winner's birth date contains three sevens and an 11, so this big win may have been in the cards for him. When he looked at the machine again, the winning symbols had lined up. He said he'd played about $100 on the machine when he turned his head away from it for an instant. His uncle had told him about the Megabucks(R) total and suggested that he play it. He had been visiting family members in Las Vegas and keeping track of college basketball's 'March Madness' with some friends.

The winner, who requested anonymity, is a 25-year-old software engineer from Los Angeles. The largest slot machine jackpot in gaming history - $39,713,982.25 - was won today on a Megabucks(R) machine at the Excalibur Hotel-Casino on the Las Vegas Strip. LAS VEGAS, /PRNewswire-FirstCall via COMTEX/.

Largest slot machine jackpot