How the CA$20 million Mega Moolah jackpot was won
It has happened! It may not be a new World Record win due to the fact that the currency the jackpot was won in was not the Euro or the British Pound, but on the 30th January 2019, the Mega Moolah jackpot not only crashed through the 20 Million barrier, but just a short time after that, one lucky player had the spin of a lifetime to land an incredible 20,059,287.27 Canadian dollar Mega Moolah jackpot prize.
The lucky Zodiac Casino player and new jackpot winner is still unknown at the present time, was the very first jackpot winner of 2019 and the first to land a jackpot since the previous win on the slot back in September 2019.
For those of you that enjoy looking for patterns in big jackpot wins on Mega Moolah, this win is the sixth time out of the last seven triggers that the jackpot has been won in the second half of a month. From February 2018 to today, the jackpot has been triggered seven times in total and on six of those occasions, it has been won in the middle to late period of the month.
- February 27th 2018
- March 8th 2018
- April 19th 2018
- April 20th 2018
- June 24th 2018
- September 28th 2018 and now
- January 30th 2019
One useful page to note if you follow patterns like this to help your gaming is to regularly check out our Mega Jackpot tracker page.
Is this latest Mega Moolah jackpot win a World Record-busting prize?
In terms of the actual monetary value of the win, this most recent Mega Moolah jackpot trigger on the 30th January 2019 will not be a new World Record prize and that is because the jackpot was not triggered in either UK Pounds or Euro.
That means that the biggest win ever still remains that €18.9 million win that was triggered back in September 2018.
However, in terms of the Mega Moolah game itself, this jackpot has created several landmarks. It is the first time in the game's long history that the jackpot has climbed to over 20 million and as such, it is also the first 20 million jackpot to be awarded in any currency. It is also going to be the biggest ever win in whatever currency and country the jackpot was claimed in (and we'll explain more on that a little later in the article).
But just how did the jackpot climb so high after being won for so much last September? Let's take a closer look and find out.
How did the Mega Moolah Jackpot climb so high?
To trace how we reached the highest ever figure for a progressive jackpot on the Mega Moolah slot, we need to go back to September 28th 2018, when one lucky player landed just over €18.9 million with a win playing the game. With this win being made in Euros, rather than the game's base currency of British Pounds, that meant that the jackpot fund was not completely emptied when the prize was awarded and following that win on the 29th September 2018, the jackpot fund was reset to 2,269,485.
What tends to happen following a big jackpot win, is that some players will not play the game for a while until the jackpot starts to climb again, so there is usually a drop off in how much money is added to the progressive jackpot fund each day and there is clear evidence of that here.
Prior to the €18.9 million win, the jackpot fund was rising at between 150,000 to over 200,000 per day. However, following the win, from September 29th on wards, the jackpot prize rose at the rate of about 100,000 per day.
That rate continued, to varying degrees throughout the remainder of September and through October and by the end of October, the 2.2 million jackpot had swelled to over 6 million.
A higher jackpot tends to attract more players and throughout November 2018, the jackpot prize continued to grow, but at a slightly higher rate with daily increases of around 120,000 to 150,000 on average. That also continued throughout December, when the jackpot crashed through the 10 million mark and then rose on wards to just under 15 million by the end of the month.
Things remained that way until around the 10th January, when the jackpot reached 15.8 million. By the following day, more than 250,000 had been added to the jackpot prize as it crashed through the 16 million mark and between then and the 30th January, the jackpot was increasing, roughly at the rate of around 200,000 per day.
It surpassed the 18.9 million mark on the 24th January hitting 19 million a day later and then crashing through 20 million on the 30th January, after which it was won just a few hours later.
Where is the jackpot winner from?
Of course, everybody wants to know who the lucky jackpot winner is, where they won their prize from and how much in real terms their win is. At the moment, details are still very thin on the ground about the winner and they will still be making decisions about whether they want to go public with their win or remain anonymous.
However, we can say that after the jackpot was triggered on the 30th January after the player had claimed the 80 Chances to Become a Millionaire offer, it reset back to around £8.6 million. That means that in British Pounds value (the base value of the Mega Moolah slot), the win the lucky player landed, in their own currency, was worth around £11.4 million.
Having checked through the most likely currencies where this equates to roughly the right exchange rate, I am pretty confident that the winner landed their prize in Canadian Dollars, as a CA$20,059,287.27 win equates to around £11.6 million in pound sterling.
If this is the case then this player would be the biggest ever jackpot winner from Canada, surpassing the two wins of CA$11.6 million that were won in August and November 2016 quite comfortably. They would also be the lucky 13th winner of the Mega Moolah jackpot to land their prize in Canadian Dollars.
What has the jackpot been reset to?
As is standard procedure when the Mega Moolah jackpot is not won in the base currency of British Pounds, the jackpot figure is converted into a British Pounds sum and then this is deducted from the jackpot to pay for the win. After this process was undertaken, the jackpot reset itself to around £8.6 million. Which means that there is still a very healthy jackpot prize to be won and that there is a good chance that we could see another £10 million jackpot very shortly indeed, if of course the jackpot is not won again in the meantime.
As always at MegaMoolah.com, we will be keeping our ears to the ground for any more information about the big winner and should we hear any more details, check back here to read all the information we find first!
Byline: This article was published by Mega Moolah expert Henry. Media and other enquiries.