Do you win real money on Mega Moolah?
Sometimes it can be difficult to believe that a cash prize of many millions could possibly be won for just a very small bet on an online slot machine. It is perhaps human nature to be so skeptical, after all, we are always warned to be wary online and never to take anything, that seems too good to be true, at face value.
Given that starting point, it is little wonder therefore that there are a number of people from around the world don't quite believe what the Mega Moolah slot promises to players, should they be one of the lucky ones that land the biggest of the four available progressive jackpot prizes. One of the most common things people may believe, erroneously, is that if you do win the big jackpot prize on Mega Moolah, or even if you win the base game jackpot or the Major progressive prize, that somehow you won't receive your cash prize in easy, usable, real cash.
That may sound like a somewhat strange and illogical conclusion to reach, but it is not without some foundation. Many casinos, when you sign up with them, will offer a player a deposit bonus or similar and if you do receive a bonus amount of cash following a deposit, then this money is added to your bonus cash account, not your standard cash account.
With your casino account, you can withdraw your money at any time, but not with your bonus account. Instead, you usually have to complete the withdrawal requirements for that bonus, which is achieved by means of wagering the bonus amount a stated number of times at the casino (between 30 and 60 times is this standard in the industry).
As such, this wagering requirement can be fiendishly difficult to turn into tangible cash that you spend. For example, if you sign up to a casino and they offer you a £100 bonus and a 50x wagering requirement. That means you would need to generate (i.e. win) and then play through £5,000 with your bonus cash.
So, if you are playing with your bonus and then hit a big jackpot win of say, £10,000, you would then need to wager at least £5,000 of that at the casino to release the wagering restrictions on your cash. When you do, any money you have left in your bonus account (as you'll also likely win more when wagering through your £5,000 wagering requirement) will be yours to transfer to your standard cash account and withdraw.
Now that sounds simple enough, but in truth the vast majority of players at a casino won't ever realise that sort of money when playing through a deposit bonus. Thus meaning that other than experiencing playing more games or more spins, that bonus cash won't be usable anywhere else other than the casino which issued it.
It is important to note here that this is exactly the way it should be. The casino is offering a new players bonus and it is only right that the casino dictates how that bonus can be used. Many people believe that if they sign up to a casino, say Zodiac Casino with its 80 Chances to win Mega Moolah for a £1, $1 or €1 deposit and are lucky enough to hit the big Mega Jackpot prize, then the casino may withhold a large chunk of it until their wagering requirement is met.
The great news here is that this is not the case. One of the stipulations Microgaming have told their casino network that offer Mega Moolah to customers, is that even if a player were to win the Mega jackpot prize playing through a New Player Bonus, or if they still have a bonus active on their account, then in terms of this prize, the standard rules do not apply. Microgaming have stipulated that if a player wins the top Mega jackpot prize playing Mega Moolah, then they will receive their prize in the currency they played the game, in full and in one lump payment.
That's great news but what does the issue regarding the currency in which you play mean? Well, this means that if you win the Mega Moolah jackpot prize while playing the game in British Pounds, then your prize will be paid to you in British Pounds. Alternatively, if you play in Canadian Dollars, then your prize will be paid in Canadian Dollars.
This is an important aspect for players to remember when playing the slot, especially if they are playing from a country which doesn't offer play in their domestic currency. If you can choose to play, in say US or Canadian Dollars, then playing in Canadian Dollars will be cheaper in your home currency per spin, but if you do hit the progressive jackpot prize, then the value of the prize will be lower in value compared to a US Dollar win, or a Euro jackpot, for example.
Note that you should always use the primary currency of your country where you have a registered address. The exception to this is obviously the US dollar, or the Euro, or sometimes Canadian dollars, which can be used by players where their own currency is not available at the casino. Bitcoin is also a good option for some players. Learn more about playing Mega Moolah using Bitcoin.
However, whatever currency you are fortunate enough to win the Mega Moolah jackpot in, you can be assured that not only will you receive the full amount in a single payment, regardless of the bonus situation on your account, but you will then be able, if necessary, to exchange that cash amount into a currency you can use more easily at home.
Another pleasing thing to note about Mega Moolah is that there are now more ways than ever to play. For example, if you are a resident of Sweden, you can now play using Krona, or if you have invested in a Bitcoin Wallet and have bitcoin lying around in your account, you can also play Mega Moolah using cryptocurrency at the Mega Moolah Bitcoin Casino.
So the good news for any Mega Moolah player is that regardless of what you play the game with in terms of currency, if you are lucky enough to land that top prize, then you will receive it in full, in the currency you played with and in a single lump sum. What you then choose to do with this money is then up to you, but it is money that you can use for whatever you wish to spend your new-found fortune on.
Byline: This article was published by Mega Moolah expert Henry. Media and other enquiries.
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