Mega Moolah jackpot hits 12 million

Barely a month after we were celebrating the first winner of 2019 and their CA$20 million win on the Mega Moolah slot, we have now reached the dying embers of February and the big news is that over the course of the month, we have seen the progressive Mega jackpot on the Mega Moolah slot rise from 8 million to now eclipsing the 12 million mark.

This is a significant amount of money of course, in any currency, and there is no doubt that when the jackpot gets this high, it inspires more players to try their luck more often playing the game, in the hope that they will be the lucky one to trigger the Jackpot Bonus Wheel and perhaps land a life-changing win on that lucky spin of the wheel.

There was also a time in the early days of Mega Moolah when it seemed like a jackpot over 12 million was a pipe-dream. Indeed, for the first nine years of its existence, the largest Mega Jackpot prize ever paid out by the Mega Moolah slot, in cash value terms, was Jon Orchard's £5,883,044 win back in December 2012.

In numeric terms, the largest win was a CA$7,562,019.84 win in April 2015. At this point, which was just under four years ago, the Mega Moolah top progressive jackpot had never reached 8 million, let alone 10 million or 12 million or beyond.

That all changed in 2015 however as after the win in April that year listed above, the jackpot continued to grow for six months without a winner. It climbed past the 8 million mark for the first time, then the 9 million and then smashed through the 10 million barrier with most players expecting the jackpot to be won at any time thereafter.

However, that wasn't the case and it continued to increase up to 13 million, almost double the highest total ever recorded on the game, before the prize was won, in British Pounds, by former soldier Jon Heywood in October 2015. This win was ratified by Guinness as the highest ever jackpot win on an online slot at the time.

Now at the time of the win, many people thought that this would be a freak occurrence and that the next few jackpot triggers would be for smaller amounts, well below the 10 million mark, but something rather extraordinary happened following this win.

Although the jackpot was reset to its minimum 1,000,000 seed amount following Mr Heywood's win, the jackpot was then not triggered for eight months and in that time it had grown to 10 million before being won by a New Zealand player. We had another 10 million-plus winner, the second in a row.

However, as the payout in NZ Dollars took a smaller than usual chunk out of the £10 prize fund, it meant that the next jackpot amount would start with a fair amount in the kitty and sure enough, two months later, the jackpot reached 10 million once again, this time going on to reach 11.6 million before a player playing using Canadian dollars landed the prize.

Again, with the Canadian Dollar not being as strong as the pound, the next jackpot started with another healthy balance and by November 5th, it had reached 11.6 million again when lightning struck twice. Another player, also playing using Canadian Dollars landed another 11.6 million prize, incredibly the fourth 10 million-plus jackpot to be won on Mega Moolah in a row, after nine years without a single winner in that bracket.

That run came to an end with the final winner of 2016, just ten days after the previous winner, who landed a AU$5.6 million prize, which broke the streak of 10 million plus wins and ushered in the incredible year of 2017. This was also to be the last win in Australian Dollars as the Mega Moolah game is no longer available to Aussie players.

2017 was unusual as it saw an incredible 13 jackpot winners across the year, at least one in every month bar February and on two days, May 22nd and June 19th, the jackpot was won twice in one day. The sheer number of winners meant that the jackpot on Mega Moolah never managed to creep past the 10 million mark, with the biggest win of the year, in numerical value, being a CA$9.5 million win in March 2017.

The early months of 2018 followed a similar pattern with lower value winners in the first four months of the year. We didn't hit a winner in May but landed one in June of NZ$8.3 million. However, while at the time nobody knew it, we were now on the brink of a couple of very special jackpots indeed on the Mega Moolah slot.

That is because from June 2018 through to September 2018, the jackpot continued to grow and it smashed through the 10 million mark and then even surpassed the 13.2 million mark won by Jonathon Heywood. Even despite more people playing and more spins on the slot, the jackpot was accelerating in size and soon it had reached 18.9 million, an unprecedented amount, before one lucky player landed the €18,910,668.01 top prize on 28th September 2018.

That win, although not ratified by the Guinness Book of World Records because the winner has chosen to remain anonymous, it did eclipse the value of the previous World Record.

As from the trigger in September 2018, through to January 30th 2019, the jackpot grew from a relatively small amount, past the 10 million mark once again and on wards. This time the jackpot not only reached the 19 million mark, but also crashed through the 20 million mark, before one lucky Canadian Dollar player landed the CA$20,059,287.27 prize on the 30th January 2019.

This was the largest ever amount, in numeric value, that the Mega Moolah jackpot had climbed to but the good news was that when the prize was converted from British Pounds to Canadian Dollars, it meant that there was still a very large sum left in the prize pool and another big jackpot seemed likely. That is precisely what has happened with the jackpot now climbing to over 12 million as of today.

It may seem like Mega Moolah jackpots of 10 million or more are like buses, you wait a long time for one and then several come along at once, but that is how the game has panned out. In all the jackpot triggers, only six so far have been above 10 million and only three have been above the current 12 million mark that the game is currently at.

There's also a good reason why the jackpots seem to cluster like this and that is because the base unit of Mega Moolah is British Pounds and when a currency wins the jackpot that is not in British Pounds, then what remains in the prize fund following the jackpot being paid can be quite considerable especially if the jackpot is paid in New Zealand or Canadian Dollars. For example, at today's exchange rate a 12 million Canadian Dollar win would only see 6.903 million deducted from the prize fund in British Pounds, meaning that there would still be just under 5.1 million in the jackpot fund should it be won in this way. If the winner was in NZ Dollars, then there would be just under 5.8 million remaining in the prize fund.

When this happens, this means another high jackpot prize is likely, provided of course the jackpot is not won immediately afterwards (as can happen) and provided that the jackpot is not won in British Pounds (which resets it back to 1,000,000) or the Euro, which resets it back to slightly more than that.

With the current jackpot as it stands at just over 12 million, we are guaranteed the fourth highest ever pay out on the Mega Moolah slot, in terms of numeric value. Should the winner claim their prize in British pounds or Euro, then it would also be the third highest amount won on the slot in value terms.

But of course, there's no guarantee that the jackpot will be won soon. It could continue to rise and if it does, we will bring you the exciting news as it reaches towards another massive payout for one lucky player.

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Byline: This article was published by Mega Moolah expert Henry. Media and other enquiries.

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