One lucky BetMGM Casino, Borgata Online, or Wheel of Fortune Casino player in New Jersey will soon be making gambling history as the winner of the biggest online slots jackpot yet produced by regulated US markets. The progressive jackpot shared by MGM Grand Millions and other exclusive slots passed the $4 million mark and sat at $4.1 million as of the morning of March 1.
When the jackpot goes off, MGM Grand Millions will beat the current record of $3.5 million, which it likewise set in 2021. The slot is produced by BetMGM co-owner Entain for the exclusive use of its joint venture with MGM Resorts International.
Last year, the slot paid out two jackpots over $1 million. The first was $2.8 million, which hit in January, while another player won $1 million in April. Both jackpots were won at BetMGM Casino, though other exclusive slots across all three of the company’s brands share the same jackpot. An even larger jackpot from the same network was a $3 million prize won at Borgata Online Casino on the Bison Fury slot.
A few of the other top online casino operators offer similarly large jackpots. Last June, the DraftKings Casino progressive jackpot network came close to beating BetMGM’s record when a player won $3.3 million on the Ancient Forunes: Zeus slot.
Things To Know About MGM Grand Millions Jackpot
MGM Grand Millions features a 3×5 reel layout with 243 ways to win. That increases to a 4×5 grid with 1,024 ways to win in the free spins bonus round, which triggers if the player lands three or more scatter symbols.
The jackpot feature can trigger during any spin in the base game or during free spins. There are five sizes of jackpots the player can win.
The maximum value of the progressive jackpot is $5 million, so there’s a chance the current jackpot could cap out. That has never happened before. If it does, any additional money will go to seed the subsequent jackpot.
Other terms to know include:
- The game’s RTP is 95.01%, including the jackpot.
- 3.004% of each bet goes to the jackpot, leaving a 91.81% RTP without factoring in the jackpot.
- All participating slots across all BetMGM-owned sites have the same odds of winning the jackpot.
- Any bet size is eligible for the jackpot, but the odds of winning increase with bet size.
What Are The Biggest Jackpot Wins At Online Casinos?
While MGM and DraftKings’ jackpot networks often pay out prizes in the millions, they can’t compare to some of the biggest wins at international casinos. That’s because each state has separate jackpot pools, whereas international casinos collect money for their jackpots from players worldwide.
The biggest online jackpot in history hit just a few months ago, on Dec 20, 2023. The lucky player won €38.5 million ($41.6 million) from the WowPot! progressive network jackpot while playing the Wheel of Wishes slot. Unfortunately, neither that particular slot nor the WowPot! network is available in the US.
Another slot currently unavailable in the US is Mega Moolah by Microgaming. The game is among the most popular jackpot slots, with an average jackpot of over $7 million. It has produced three of the top five jackpots worldwide:
- Wheel of Wishes WowPot! Mega: $41.6 million
- Mega Fortune: $24.0 million
- Mega Moolah: $22.4 million
- Mega Moolah: $21.0 million
- Mega Moolah: $20.4 million