Mega Moolah Jackpot tips, suggestions and tactics

06.13.2023 <3 minute to read

The importance of Mega Moolah jackpot slot tips and strategy cannot be overstated. This is not just any ordinary slot game; it is THE slot game in the world of online gambling slots.

In fact, it is arguably the most popular progressive slot of all time. When you engage in playing a progressive jackpot slot like Mega Moolah, it is crucial to have a well-thought-out strategy.

Without one, your bankroll will quickly diminish, just like a piece of paper in a bonfire.

Mega Moolah Slot: An Overview

Playing a progressive slot like Mega Moolah may seem straightforward. Just spin the reels and let luck do the rest, right? Well, there’s a bit more to it than meets the eye.

Players who engage with progressive slots often have dreams and fantasies running wild in their minds. They find themselves asking, “What would I do if I won £1 million or even £5 million pounds”

Perhaps they would finally purchase that coveted Mercedes Benz or that grand house by the beach. Or maybe they would save it for a rainy day. Winning a progressive jackpot is truly a life-changing experience. However, holding onto the money poses a different challenge altogether.

One progressive jackpot slot that has gained immense popularity is Microgaming’s Mega Moolah. Yes, it’s the one and only. In fact, Mega Moolah has created more instant multi-millionaires than there are fleas on some dogs!

To provide you with an understanding of the remarkable nature of the Mega Moolah slot, let’s consider Jon Heywood’s incredible win. In November 2016, he won an astonishing £13.2 million while placing a bet of only 25 pence!

This extraordinary event highlights how the Mega Moolah slot defies the usual expectations of playing progressive slots. Unlike traditional norms, you don’t necessarily need to bet the maximum amount per spin in order to have a chance at winning the top cash prize. It’s quite astonishing, we must admit!

Can I Play Mega Moolah Using Bitcoin or Other Cryptocurrencies?

Here’s an interesting fact about Mega Moolah: players from the EU can enjoy the game using various fiat currencies such as GBP, USD, EUR, CAD, NZD, and SEK. But that’s not all.

Now, Mega Moolah players also have the option to use Bitcoin and other cryptocurrencies like Dogecoin and XRP to play the game.

Mega Moolah offers players a wide range of banking methods and fiat currencies to fund their online casino accounts. The outcome of the progressive jackpot in the game is entirely random and is connected to a central progressive network.

Each time someone plays the slot, a small portion of their wager contributes to the jackpot pool. As a result, the jackpot continues to grow until a lucky player finally hits it. When a player wins the  $1 million it resets to $500,000 and subsequent wagers cause it to grow again.

As the jackpot increases, it reaches a break-even point where it is on the verge of paying out. The typical house edge for a progressive jackpot is around 4% to 5%. In simpler terms, for every £100 wagered, the casino receives £4 to £5.

Overview of Mega Moolah Jackpot Slot

Have you ever wondered how the Mega Moolah progressive jackpot system works? Each bet or spin in the game has the potential to trigger the next jackpot winner. The amount a player wagers is directly linked to the chance of triggering the Jackpot Wheel.

The game mechanics are quite straightforward. For example, if you wager £0.25 per spin, your chances of hitting the jackpot are lower than those of a player who wagers £0.50. per spin. Similarly, a player wagering P£1 per spin has better odds than someone wagering a quarter of that amount.

In essence, the more you wager per spin, the higher your chances of hitting the jackpot. Here are some key features of the Mega Moolah slot:

– It has a non-progressive jackpot of 225,000 coins.

– There are 4 progressive jackpots: Mini, Minor, Major, and Mega.

– The game offers an unusually high RTP (return to player percentage) of 96% or a house edge of 4%.

– It includes features like wild substitutions, a free spins bonus round, and a Jackpot Wheel that caters to high-stakes players.

– The free spins feature is triggered by landing 3 or more monkey scatters, awarding 15 free spins with a 3x multiplier on each win.

– Among the 4 jackpots, the Mini jackpot is the smallest, typically paying between 10x to 50x the stake. The Minor jackpot pays 100x the stake. The Major jackpot pays tens of thousands, while the Mega jackpot pays £1 million or more.

Previous Big Winners of Mega Moolah Jackpot Slot

Let’s take a look at some notable winners who struck it big while playing Mega Moolah:

– Georgios M from Greece won €6.3 million with a €5 bet, which was the largest online jackpot at the time.

– Radoslaw, a Polish player, won €1.2 million in 2008.

– In 2016, Jon Heywood won  £13.5 million with a bet of £0.25 per spin.

– The most significant wins on Microgaming’s Mega Moolah occurred in 2018, with one player winning the jackpot on Mega Moolah Mobile. The first spectacular win in 2018 was NZ$8,3 million.

– In September 2018, an impressive €18,9 million was won on Mega Moolah, setting a new Guinness World Record for the largest jackpot win.

Tips and Strategy for Mega Moolah Jackpot Slot

We decided to try our luck in Mega Moolah slots, starting with a modest bankroll of $100 and betting  25 cents. You may wonder why we chose such a small amount.

Well, let us remind you of Jon Heywood’s incredible win of $13.5 million with a wager of just $0.25 per spin. Yes, it’s true.

Unfortunately, our own experience didn’t result in any life-changing wins or significant payouts. The highest payout we received was $100, which wasn’t substantial enough to cash out. Instead, we decided to continue playing at the online casino.

Nonetheless, we had some fun and the exciting prospect of hitting a life-changing jackpot.

How to Play Mega Moolah at Online Casinos

Step 1

Maintain Discipline

Before you start playing Microgaming’s Mega Moolah progressive jackpot slot, it’s essential to set a budget. Make sure not to exceed the amount you are willing to part with.

If you have depleted your original bankroll, accept the loss and log out of the casino.

Step 2

The Importance of Freebies

Before diving into playing Mega Moolah jackpot slot at an online casino, consider asking the gambling site for a few free spins as a way to test the slot without spending your own money.

Step 3

Utilize Deposit Bonuses for Big Wins

Playing slots online for real money with a bonus can be advantageous. If you are a progressive slots player, a bonus can double your bankroll on your initial deposit, providing you with more funds to potentially win a substantial amount, including the “Mega Jackpot.”

Step 4

Study the Paytable

Before playing a slot, it is helpful to examine its Help Screen. Unfortunately, free-play versions are not available for progressive jackpot slots.

Playing a slot for free allows you to gain insight into its mechanics, such as the number of spins required to trigger bonus rounds, the hit frequency, and the level of volatility.

When playing progressive slots, you are essentially “playing blind” as the outcome is entirely random. Mega Moolah is particularly exciting because players have a chance to win the jackpot on any spin.

Step 5

Withdraw Your Winnings

If you have won a significant amount, such as a few thousand dollars, consider withdrawing your money using a credit card or Bitcoin. It’s important to note that some online casinos in Europe may not pay progressive jackpot wins in full.

Therefore, it is crucial to check the casino’s withdrawal policy regarding progressive jackpot wins. We wouldn’t want our Mega Moolah jackpot slot tips and strategy to go to waste.