Will the Mega Moolah reach an unprecedented £15 million jackpot prize?

Mega Moolah's mega-sized Mega Jackpot set to hit 15 million British Pounds

Who is going to win the next Mega Moolah progressive jackpot prize? That is the question dominating the thoughts of the legions of slot gamers at this present moment as the progressive prize fund shows no sign of slowing down.

It was barely a week or so ago that we brought you news that the jackpot had now increased beyond the previous record of 13.2 million win paid in British pounds that was achieved by Jon Heywood back in October 2015.

Since then the interest in the slot and the sheer number of spins played on the game by the myriad of players from all over the world has continued to see the jackpot rise and as more players have played through more spins, the jackpot is increasing rapidly.

Just a few days after the old record figure was surpassed, the jackpot smashed through the 14,000,000 barrier and now it is edging closer, spin by spin, to an incredible new milestone, a 15,000,000 Mega Jackpot prize.

So where does this jackpot prize stand in contrast to other prizes won on the game over the years? Let's take a closer look and find out.

What were the largest Mega Moolah jackpots ever won?

An important thing to note here is that the Mega Moolah jackpot is paid out in the currency that the player plays in. So, a player playing in the UK, for example, would win their prize in British Pounds. A player in Canada however wins their prize in Canadian Dollars and someone winning from New Zealand would win their prize in New Zealand Dollars.

This makes the relative value of wins more difficult to judge as a 10 million win in Canadian dollars would not be worth as much in comparative terms, as a 10 million win in UK Pounds.

However, what is true is that the Mega Moolah progressive grows at the stated rate and any player from any country where online casino gaming is legal can win the jackpot prize. So, for the purposes of fairness and to give us a more equal view of how previous big jackpot prizes have been won, we are going to report the wins as a numerical amount only, without the currency attached.

Outlined below are the ten biggest Mega Moolah jackpot wins:

  1. £13,213,838 - October 2015 (GB)
  2. CA$11,633,898 - November 2016 (Canada)
  3. CA$11,610,536 - August 2016 (Canada)
  4. NZ$10,144,395 - June 2016 (New Zealand)
  5. CA$9,572,948 - March 2017 (Canada)
  6. CA$8,453,754 - January 2017 (Canada)
  7. NZ$8,332,554 - June 2018 (New Zealand)
  8. €8,012,153 - April 2017 (Eurozone)
  9. 7,742,015 - September 2017 (Eurozone)
  10. CA$7,562,019 - April 2015 (Canada)

At the time of writing the Mega Moolah jackpot is already at £14,828,248 and rising, so you can see in pure numerical terms, it is already guaranteed to be the biggest ever win.

Does this mean that the next win will be a new Guinness World Record win?

Those of you who followed Jon Heywood's big win back in October 2015 will no doubt be aware that at that time, when converted into Euro and US Dollars, Mr Heywood's win was declared by the Guinness World Records as being the largest ever online slot progressive jackpot win in history. It is a record that Mr Heywood and the Mega Moolah slot still hold to this day.

However, since that win there has been a marked change in the exchange rates for currency, with the strength of the British Pound weakening significantly against the Euro, chiefly because of the uncertainty after the Brexit vote.

As a result, if you took Mr Heywood's win and converted it into Euro today at the current exchange rates, then even though the British Pound amount is still a record, the Euro amount would not beat the previous record.

As such, even if the next winner of the Mega Moolah jackpot is from the UK and lands a prize of even £15 million, then their win would not be a new World Record as the amount when translated into Euros would not beat the amount won by Mr Heywood back in 2015.

However, the exciting news is that if the jackpot prize continues to climb beyond the 15 million mark and reaches the 16 million mark, then we are at the threshold where a win by a player playing in the UK would set a new World Record win. If the prize keeps growing beyond that amount, then a new world record win could be set by someone winning the jackpot prize either in UK pounds or the Euro, perhaps even in US dollars.

How will the lucky winner of the next big jackpot claim their prize?

The great news for any prospective Mega Moolah progressive jackpot prize winner, including this next mega-sized win, is that the lucky player will receive the entire jackpot amount they win, paid in their local currency in one single lump sum.

That means that should you be the lucky player to land the jackpot prize, then it will be yours to spend as you see fit.

In some parts of the world (such as the UK), these wins are also tax-free, which means that you don't have to pay any tax on your windfall. This is not the case in other countries however so it is always advisable to check the tax situation regarding a win in your own country.

Will I see my name up in lights if I am the big Mega Moolah jackpot winner?

The great news is that if you do win the big jackpot prize, it is entirely your choice whether you want to go public with your win or not.

If you manage to land the jackpot win, then you will receive a phone call from your casino to confirm your win and to check your details. Once you receive this call, further instructions will be given to you about what you need to do next in order to receive your money.

Part of that process is deciding whether you would like to go public with your win, as famous winners like Jon Heywood, Rawiri Pou, or John Orchard or Klaus E did (sort of), or whether you would like to remain anonymous and only give the barest details of the win (such as the total amount won).

This choice is entirely up to the individual. Some people like to see their name in lights and earn a little fame at their win. Others prefer to keep things very quiet and only let their family and friends know. Whatever the decision, it is yours to make.

Is the Mega Moolah jackpot likely to be won soon?

If you likes to check stats for individual slot games to see whether they are "cold, warm, or hot" to pay out, then you will no doubt have noticed that many of these tools will be suggesting that the Mega Moolah slot is due to pay out very soon indeed.

Now the important thing to note with these measurements is that they are based on previous wins only. They work off the average amount of a jackpot win and the average amount of time that passes between jackpot wins to work out whether a slot is 'cold' or 'hot'.

However, it is important to remember that the Mega Moolah slot is entirely random. Every spin could potentially be a winner and you have the same chance of winning on every spin.

Such is the nature of randomness that it is impossible to predict when the jackpot will be won. Indeed, the jackpot could be landed right now as I am writing this article, it may be won in a couple of days, a week or so, or it could go on for another month, two months or even six months or a year. Nobody really knows.

So yes, the past indicators may suggest that a jackpot is due to be won, but in truth, the jackpot was as likely to be won at any time since the last jackpot win, as it is from now on wards.

Where can I play Mega Moolah?

You can play Mega Moolah at a number of casinos, some of which offers outstanding starter bonus deals for new customers that include the chance to play spins on the Mega Moolah slot for a very small initial deposit. If you fancy playing the game, then these casinos are without doubt the best place to start:

Our readers from New Zealand may want to check out the special 200 Chances to Become a Millionaire for NZ$20 Deposit from New Zealand offer, and visitors from Germany may want to read up on the '150 Chancen zum Mega Moolah-Millionär zu werden' offer.

Don't forget too that each casino offers a secondary Matched Deposit Bonus in addition to the stated offer, which will allow you to access more bonus funds which you can also use on the Mega Moolah slot if you so wish to activate the bonus.

Spins start at just 0.25 per spin, though if you bet more per spin then the chances of you triggering the Jackpot Bonus Game (the key to winning the Mega Moolah jackpot) are increased slightly.

Remember, you have to be spinning to be winning so why not give Mega Moolah a try today to see if you could become the next big Mega Moolah progressive jackpot winner?

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

Next article: A guide to withdrawing your Mega Moolah winnings