What Slot Machines Payout The Most Often

Everyone wonders how big some jackpot wins are. If you've wondered what is the most money ever won on a slot machine, you're in good company. We wondered the same thing and did some digging to see what we could find out.

Megabucks Slots Often Leads to the Biggest Slot Machine Wins

Jul 01, 2019 As slot machines can and often do stay in place on a casinos gaming floor for many years, one way that a casino owner or operator will ensure players have a good playing experience when any new slot machines are placed on their gaming floors is by increasing the pay-out percentages for a few days or weeks.

Megabucks slots is a progressive jackpot slot from IGT. It's linked to many of the biggest payouts on slot machines. Since it's debut in 1986, it's paid out more than $1 billion dollars in prizes. #1 – 25-Year-Old Software Engineer Wins $38.7 Million While killing time before the 2003 NCAA tournament started on TV, an anonymous 25-year-old software engineer decided to risk $3 on a slot machine at Excalibur Hotel Casino in Las Vegas. That $3 turned into a stunning $38.7 million jackpot on Megabucks slots. #2 – Cynthia Jay-Brennan Wins $34.9 Million In 2000, Cynthia Jay-Brennan won $34.9 million playing Megabucks slots at the former Desert Inn in Las Vegas. Sadly, weeks after claiming her jackpot prize, a drunk driver crashed into the car she was in. She was paralyzed and her sister did not survive the crash. #3 – An Anonymous Woman's $27 Million Win At Palace Station Hotel in Las Vegas, one woman played Wheel of Fortune slots and won $680,000. She opted to keep playing, In just a few months, she hit a $27 million jackpot on Megabucks slots. #4 – Woman Wins $22.6 Million at Bally's There is a pattern with Megabucks slots leading to some of the biggest slot machine wins in history. In 2002, a woman playing at Bally's Las Vegas won $22.6 million on that same game. #5 – Elmer Sherwin's $21 Million Win Elmer Sherwin fought in WWII and often played slots in Las Vegas after retirement. Shortly after The Mirage opened its doors for the very first time, Sherwin won $4.6 million playing Megabucks slots. His luck repeated itself in grand fashion when he won $21 million just shy of two decades later at the age of 87. Once again, he was playing Megabucks slots. #6 – Anonymous Player Wins Just Under $12.8 Million Megabucks slots paid a prize of just under $12.8 on a $6 bet. The player was at Aria in Las Vegas for her niece's birthday when she hit the jackpot. She said she'd chosen Megabucks slots completely by chance. #7 – Rodolfo T. Wins $11.8 Million Betting just $3 on Megabucks slots, Rodolfo T. of California won the jackpot worth just over $11.8 million. That 2017 win at the Fremont Casino isn't one of the biggest from Megabucks slots, but it still made him a very happy man.

• As you can see, the Casino Queen returned the most to its slot machine players, while Harrah's in Metropolis returned the least. INDIANA SLOT MACHINE PAYBACK STATISTICS Following is information from the Indiana Gaming Commission re­garding average slot payout percentages for the one-year period from July 1, 2018, through June 30, 2019.
• Loosest Slot Machines: When you hear other players talk about 'tight' and 'loose' slot machines, they are talking about the payout percentage. A looser slot machine pays out often and a higher percentage, whereas a tight machine has a lower return to play and will pay out fewer times. Looser slots are much better for players.

Are Any Other Slot Machines Linked to Huge Payouts?

While Megabucks slots certainly is linked to many of the largest slot prizes in history, there are some games that have also made players very happy. At Harrah's Las Vegas, a man won $1.18 million playing Wheel of Fortune slots in July 2018. This was the second large payout from that machine. Earlier in the month, a player won almost $250,000 on Wheel of Fortune at the Cosmopolitan. A Gulf Breeze, Florida, man took home a jackpot of almost $1.3 million playing Double Diamond slots in Biloxi, Mississippi. He kept playing and won an extra $14,000 a little while later. That's not the largest win in the area. Hard Rock Casino reported that the largest prized they'd given away was $14 million to a player playing Wheel of Fortune slots.

There's One More Crushing Win

In 2016, Katrina Bookman was playing Sphinx slots in New York when the machine told her she'd won a $42.9 million jackpot. It would have been the largest prize in history. The problem is the top prize on the slot machine is $6,500. She was told the machine had malfunctioned and that the most the casino could do is give her the last prize she'd won of just over $2 and a complimentary steak dinner. She is suing the casino and IGT. There's one thing all of these players have in common. They never expected they'd win the jackpot when they placed their small bets. You could join them. Whether you try Megabucks slots or something else, Lady Luck could put you on the list of the biggest slot machine wins in history. To accomplish this, you need to play slots online or at your favorite land-based casino.

Every slot machine you will find online, at a mobile casino site or even in a land based casino is going to have its own unique preset long term expected payout percentage.

The payout percentage is displayed somewhere on the slot machine, pay table or on the help files of each game and is going to allow you to see how much money you are likely to win from that slot machine over the long term.

The most common payout percentage found on the majority of slot machines will be between 94% and 96% and as such for example when you are playing a slot machine offering a payout percentage of say 96% over your long term play you can expected to get 96.00 returned as winning payouts for every 100.00 you play through on that machine.

However, keep in mind that the long term could be a very long time and as much whenever you do play a slot machine you are going to find the payout percentage and your winning payouts on that single session can vary greatly and be much lower or higher than the payout percentage the slot machine has been designed to return.

In 2016, Katrina Bookman was playing Sphinx slots in New York when the machine told her she'd won a $42.9 million jackpot. It would have been the largest prize in history. The problem is the top prize on the slot machine is $6,500. She was told the machine had malfunctioned and that the most the casino could do is give her the last prize she'd won of just over $2 and a complimentary steak dinner. She is suing the casino and IGT. There's one thing all of these players have in common. They never expected they'd win the jackpot when they placed their small bets. You could join them. Whether you try Megabucks slots or something else, Lady Luck could put you on the list of the biggest slot machine wins in history. To accomplish this, you need to play slots online or at your favorite land-based casino.

Every slot machine you will find online, at a mobile casino site or even in a land based casino is going to have its own unique preset long term expected payout percentage.

The payout percentage is displayed somewhere on the slot machine, pay table or on the help files of each game and is going to allow you to see how much money you are likely to win from that slot machine over the long term.

The most common payout percentage found on the majority of slot machines will be between 94% and 96% and as such for example when you are playing a slot machine offering a payout percentage of say 96% over your long term play you can expected to get 96.00 returned as winning payouts for every 100.00 you play through on that machine.

However, keep in mind that the long term could be a very long time and as much whenever you do play a slot machine you are going to find the payout percentage and your winning payouts on that single session can vary greatly and be much lower or higher than the payout percentage the slot machine has been designed to return.

Locating the Best Paying Slot Machines

It is always possible to locate and play a slot machine that is going to return a payout percentage of over 96%, as it will be dependent on how long you play that slot machine for and how much you are lucky enough to win when playing it.

You could sit down to play a slot machine, play it for 1.00 per spin for example and then on your very first spin achieve a winning payout via the base game or via any bonus game or bonus feature you are lucky enough to trigger of say 10.00, in such circumstances your payout percentage at that point is way over 100%!

The best tip we can give you for actually locating the best paying slot machines is to pay a visit to any of or featured casino site websites and hunt around for the payout percentage information.

If the casino you are looking over via their website is licensed by the UK Gambling Commission that gaming regulator demands that all of their license holders lists somewhere on their website the payout percentages that each slot machine has been set to payout, so by looking up that information you can find which are the highest paying slots and stick to playing them!

All Slots are Random

The one thing that you need to keep at the forefront of your mind is that all slot machines are going to give a completely random outcome to players. Therefore you are going to win and lose at different times when playing them.

You could win and win and win when playing one single slot machine or if you are not lucky you could end up playing a slot player that does nothing more than gobble our money up!

What Slot Machines Payout The Most Often Won

You are going to be best advised to always have in mind a budget to play slot machines, and always stick to that budget for it can be very tempting to continue playing when you have quickly lost you initial set aside bankroll in the hope you can in it back and more besides.

However, also have a winning goal in mind when playing real money slot machines anywhere, and if you do reach that amount then cash out those winnings and your initial starting bankroll and stop playing, you will feel better about winning if you do cash out as opposed to losing your winnings back by continuing to play on!

Conclusion

One thing that is going to allow you to get more play time from your gambling budget is a casino bonus, in fact out are going to find there are no shortages of casino sites that are giving any some high valued bonuses to both their new first time depositing players and also their regular players too.

As such please consider using a bonus to help extend your play time and possibly your winning chances too, but only claim bonuses that have a very fair set of terms and conditions attached to them.

Casino comps are another way to help you get more playing value and what you are going to find is that many casino sites will be offering you a loyalty scheme or comp club scheme when you play their slot machines for real money.

What Slot Machines Payout The Most Often Paid

However, be prepared to do some shopping around for the value of the comps awarded at different casinos and the redemption rates can and will vary from casino to casino, and by playing at a generous casino site with a good comp club scheme in place you will get more extras from your gambling action!