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21 million and $4.6 million dollars. It’s hard to fathom winning millions of dollars in a Las Vegas slot. 7 Biggest Las Vegas Slot Machine Payouts of All Time – 2020 Review Robert Jordan August 5, 2020 Gambling Comments Off on 7 Biggest Las Vegas Slot Machine Payouts of All Time – 2020 Review All of us have, at least once in our life, thought about winning a huge amount of money by playing a game of chance.
Payouts Are Random: In brick and mortar casinos, most gamblers spend most of their time trying to try and predict the slot machines payout rates, but that is useless. This is because if the slot machine is working, as it should, then the odds are the same on every single spin. The same applies to online slot machines. The Megabucks has been the machine on record for some of the largest payouts in slot gaming history, including the aforementioned, number one ranked $39 million. As of this date, the latest Megabucks jackpot was hit on March 22, 2016 at the Gold Dust West Casino in Elko, Nevada, paying over $12.5 million. The biggest (so far) March 21, 2003: A 25-year-old software engineer from Los Angeles won $39.7 million after putting in $100 in the Megabucks slot machine at the Excalibur to win the largest.
What happens in Vegas stays in Vegas—unless you happen to win a huge cash payout while gambling. The odds that you’ll win $5.00 or $10.00 while playing the slot machines are quite good. The odds of hitting a multimillion-dollar jackpot at a Vegas casino—well, if you accomplish that, then we’ll be hitting the Vegas strip with you next time.
They may be rare, but mega-million jackpots in Vegas do happen. Most recently, in November 2014, a man turned $20.00 into $14.28 million when he hit the progressive jackpot playing a Megabucks slot machine at Rampart Casino. The Megabucks machine is linked to 157 casinos throughout Nevada.
If you’re hoping lightning strikes twice, you may want to visit the following casinos on your next trip to Las Vegas:
Top Las Vegas Payouts
5. Rampart Casino
The unidentified Vegas resident who won the cool $14.0 million at Rampart was visiting the casino with an out-of-town friend one day. The man played the Megabucks slot machine for all of five minutes before hitting the jackpot! The money, he said, would be donated to various charities and his church.
The 50,000-square-foot Rampart Casino1 is located in the JW Marriott Las Vegas Resort & Spa. It boasts nearly 1,300 slots, video poker, and keno machines. The Summerlin Room High Limit area features games that range from $1.00 to $10.00 denominations and the 300-seat Bingo Room is conveniently located next to the Rampart Buffet. With 50 lush acres, JW Marriott Las Vegas is considered to be the first off-the-strip luxury resort in Las Vegas. The 548 guestrooms offer mountain, garden, city, or golf-course views, and are equipped with high-speed Internet access, rainfall showerheads, and jetted tubs.2
If that’s not enough, the JW Marriott has a day spa. Spa Aquae has 36 treatment rooms, an outdoor hydrotherapy circuit pool, a whirlpool, a steam room and sauna, a hot and cold plunge, and cascading waterfall showers. It also has a state-of-the-art fitness center and offers daily yoga sessions.3
4. Bally’s
Seventy-four-year-old Johanna Huendl was on her way to breakfast at Bally’s when she decided to take a seat at the Megabuck machine. She put in about $170.00 and won the jackpot. Initially she misread the machine and was overjoyed to see she would be taking home $2.0 million. But she was wrong; she won $22.62 million.4
Located on the Vegas strip, Bally’s Las Vegas features more than 2,800 extra-sized guestrooms (450 square feet each) and a number of penthouses ranging from 2,567 square feet to 3,425 square feet. Guests at Bally’s can also enjoy the 13,000-square-foot spa, salon, Olympic-sized pools with palm trees, private cabanas, and a whirlpool, fine dining, shows, and shopping.5 At 67,000 square feet, the casino at Bally’s has countless slot and video poker machines, more than 65 Las Vegas table games (casino blackjack, craps, roulette, baccarat, and pai gow), a poker room, a 24-hour Keno parlor, and a stadium-style race and sports book.
3. Palace Station
Did you know that one of the largest, progressive slot machine payouts in history happened at Palace Station? Back in 1998, a retired flight attendant fed $300.00 into a Megabucks machine and walked away with a staggering $27.5 million.
Located just a few minutes off Las Vegas Boulevard, Palace Station is known as the locals’ favorite place to stay and play! Palace Station has a 1,000-room hotel, fitness center, pool, and salon, along with bars, lounges, and fine dining.6
The Palace Station casino has more than 100,000 square feet of gaming space and the perfect mix of slots and table games.7 The casino has more than 1,600 slot/video poker machines, 45 table games (blackjack, pai gow poker, pai gow tiles, “Ultimate Texas Hold’em,” craps, roulette, and baccarat), a 307-seat bingo hall, a 20-seat keno lounge, and a 230-seat race and a sports book featuring 44 screens.
2. Wynn Las Vegas & Encore Resort
On January 26, 2000, Cynthia Jay-Brennan, a Las Vegas cocktail waitress, won $34.9 million after investing $27.00 on a Megabucks machine at the Desert Inn. Naturally, the casino set her up in one of its top suites and offered her champagne and caviar.8
Unfortunately, the Desert Inn suffered the fate of many of the older casinos in Las Vegas: it was imploded. Today, Wynn Las Vega and Encore Resort now sit on the land where Desert Inn once stood. If you’re superstitious, you might want to try the casino at Wynn or Encore.
Wynn Las Vegas is an iconic, curved high-rise on the Las Vegas Strip with 2,716 rooms ranging in size from 640 square feet to villas at 7,000 square feet. Together with the adjacent Encore Resort, the entire Wynn resort complex has a total of 4,750 rooms, making it the world’s sixth-largest hotel.9
Wynn Las Vegas has a 223,000-square-foot convention center, 76,000 square feet of retail space, a spa, a salon, a pool, and an 111,000-square-foot casino. If you like to golf, Wynn Resorts also has the only golf club on the Strip. The 18-hole, 7,193-yard, par-72 golf course was designed by world-famous architect Tom Fazio and resort owner Steve Wynn.
Encore Resort features a 2,034-room hotel that is ranked as one of the top 100 hotels in the world on the 2015 Gold List. Encore also has a 74,000-square-foot casino, 27,000 square feet of retail space, a spa and salon, five restaurants, seven bars, and a nightclub.
1. Excalibur
Biggest Slot Machine Payout
Back in March 2003, a 25-year-old software engineer from Las Angeles won $39.7 million after putting $100.00 in the Megabucks slot machine at Excalibur. The winner, who wished to remain anonymous, beat odds at the time of one in 16.7 million to take home the largest jackpot in Las Vegas history.10
Excalibur isn’t just a name—it’s a way of life. On the south end of the Las Vegas Strip, Excalibur is a Camelot-themed resort linked to neighbouring New York-New York and Tropicana resorts by overhead pedestrian bridges.11
The hotel has 4,008 rooms, ranging from contemporary to guest suites. Amenities include shopping, four luxurious pools (including one for guests 18 years of age and older), a 13,000-square-foot spa, a fitness center, and, of course, the Canterbury Wedding Chapel.
The 100,000-square-foot gaming area consists of both table games and over 1,400 slot machines, including the ever-popular Megabucks progressive jackpot slot machine. The casino also has a poker room, keno, and pari-mutuel betting.12
So, what happens if lightning does happen to strike twice and you win big?
![Highest payout slot machines Highest payout slot machines](https://farm8.staticflickr.com/7008/6630871339_d5729a418f.jpg)
RMS Is the Easiest, Fastest Way to Get Your Money Back!
In the United States, winnings of more than $1,200 from slots (or other forms of gambling, including poker, pari-mutuel, and sports betting) are considered taxable income and are subject to a 30% withholding tax. If you win $2,500 on the slots in Las Vegas, you’ll walk out with just $1,750. The IRS gets to keep the rest.
If you’ve been to Las Vegas and had 30% of your gambling winnings withheld by the IRS, Refund Management Services (RMS) can help you reclaim a portion or all of your taxable winnings.
Founded by a Canadian Chartered Accountant in 1998, RMS is the most reliable and experienced gaming and casino tax refund provider for non-U.S. residents. Only RMS has the One Simple StepTM process; our Customer Service Agents take care of the rest. Your refund cheque gets mailed out to you as soon as your refund is approved. We’ve never been refused an eligible refund. Contact us today!
Sources:
1. “Where the Locals Play in Summerlin,” Rampart Casino at The Resort at Summerlin web site; https://www.theresortatsummerlin.com/gaming/index.php, last accessed May 1, 2015. Big win slots for ipad.
2. JW Marriott Las Vegas Resort & Spa web site; http://www.marriott.com/hotels/travel/lasjw-jw-marriott-las-vegas-resort-and-spa/, last accessed May 1, 2015.
3. Spa Aquae web site; http://spaaquaelv.com/, last accessed May 1, 2015.
4. “$22.6 Million Megabucks Hits at Bally’s Las Vegas,” IGT web site; http://www.igt.com/company-information/news-room/news-releases?NewsID=650269,
last accessed May 1, 2015.
last accessed May 1, 2015.
5. Caesars web site; https://www.caesars.com/ballys-las-vegas, last accessed May 1, 2015.
6. Palace Station web site; https://palacestation.sclv.com/, last accessed May 1, 2015.
7. “Boarding Pass Players Club,” Palace Station web site; https://palacestation.sclv.com/Gaming.aspx, last accessed May 1, 2015.
8. Macy, R., “Woman plays $27, wins $34.9 million,” Las Vegas Sun web site, January 27, 2000; http://lasvegassun.com/news/2000/jan/27/woman-plays-27-wins-349-million/.
9. Wynn Las Vegas web site; http://wynnlasvegas.com/, last accessed May 1, 2015.
10. Norman, R.J., “Record jackpot claimed by Calif. engineer,” Las Vegas Sun web site, March 4, 2003; http://lasvegassun.com/news/2003/mar/24/record-jackpot-claimed-by-calif-engineer/?history.
11. Excalibur web site; http://www.excalibur.com/, last accessed May 1, 2015.
12. Excalibur casino web site; http://www.excalibur.com/casino/, last accessed May 1, 2015.
You may have seen the news story a few years ago about a woman in Queens, New York who almost won the largest slot machine jackpot in history. Unfortunately, the nearly $43 million win was a machine malfunction that went well above the $6,500 max payout.
A new record may not have been set, but there have been a number of huge casino jackpots throughout history. If you’re gearing up for a trip to Vegas or a casino party, check out these stories of life-changing, mind blowing jackpot wins.
Biggest Slot Machine Jackpots
Think you can’t get lucky on a slot machine twice? In 1998 a retired flight attendant proved that lightning can strike twice at the casinos. The unnamed woman first won $680,000 on a Wheel of Fortune slot machine at Palace Station. She decided to keep trying her luck and months later she won $27 million on a Megabucks machine at the same casino!
Elmer Sherwin is undoubtedly a lucky guy. He also hit not one but two of the largest slot machine jackpots in history! The first win of $4.6 million was on a Megabucks slot machine at the Mirage in 1989. Sherwin decided to visit Cannery Casino in North Las Vegas in 2005 to test his luck again. There he won again on a Megabucks slot machine, but this time he walked away with $21.1 million. Mr. Sherwin was in his 90s when he hit his second jackpot.
A few years early a 25-year-old software engineer won the highest slot machine payout in history. In 2003 the young man won $39.7 million playing a Megabucks machine at Excalibur. He decided to take an annual $1.5 million payout for 25 years instead of one lump sum payment. That means he’ll be raking in the dough for another decade.
In 2000 Cynthia Jay scored the largest jackpot at the time. She won nearly $35 million at a Megabucks slot machine in the Monte Carlo Casino in Vegas. But less than two months later Jay was in a horrible car wreck that killed her sister and left Jay paralyzed from the chest down.
In August 2016 a resident of Hawaii came to the mainland for a Vegas vacation and traveled back home with a lot more money. What was really impressive is that the woman was playing penny slot machines at the Wynn casino when she won $10,777,270.51.
While it isn’t the biggest slot machine jackpot win in history, a Florida man identified as only Fred S. did get very lucky in July 2018. He hit not one but two big jackpots at the Hard Rock Biloxi within a matter of minutes. First, Fred got a massive $1,291,918 win with a $20 bet. While he waited on the casino to verify the win he got a $14,000 win on another slot machine to bring the total winnings over $1.3 million.
Biggest Hands at the Poker Table
Hands down, the World Series of Poker (WSOP) is where you’ll find the biggest Texas Hold’em jackpots. Once the field gets narrowed down to just two players, a single hand can bring in millions. After 10 hours of heads up poker playing, John Cynn was named the 2018 WSOP winner and received $8,800,000. His opponent Tony Miles didn’t do so bad himself. Even though he lost, Miles received $5 million for second place.
But that wasn’t the biggest payout in the history of the tournament or even that year. Four other WSOP winners have won more:
Jamie Gold - $12 million in 2006
Martin Jacobson - $10 million in 2014
Largest Slot Machine Payout
Peter Eastgate - $9,152,416 in 2008
Jonathan Duhamel - $8,944,138 in 2010
In 2018 Justin Bonomo won $10 million in the World Series of Poker's $1 million buy-in Big One for One Drop. But by far the later poker jackpot ever was $18,346,673 when Antonio Esfandiari won the 2012 Big One for One Drop.
Highest Payouts at the Craps Table
Patricia Demauro is easily one of the most successful craps players in history. In 2009 she famously won 154 consecutive throws while playing at the Borgata in Atlantic City. The actual amount was never disclosed, but based on the minimum buy-in of $10 the payout would likely range from well over six figures up to $1 million or more.
Not long ago a player won over $5.3 million at the Tropicana Casino and Resort, mainly at the craps tables. The unidentified man had a 6-hour hot streak, but he had to bet big to win the millions. At one point he was placing $100,000 bets.
Huge Win at the Roulette Wheel
In 2004 Ashley Revell made a huge gamble. He sold everything he owned, headed to Vegas and put his entire life savings on a spin of the roulette wheel. Crazy – yes. But it paid off. Revell put just over $135,000 on a red bet and won over $270,000. The whole thing was filmed and eventually became a short reality show called Double or Nothing.
Biggest Blackjack Winners
The most infamously successful blackjack players were a group of MIT students who used card counting to win around $100 million. However, this situation was unique because the mathematical geniuses worked as a team so their winning streaks wouldn’t get noticed by dealers.
But one man bested the MIT players. Gambler Don Johnson made millions at blackjack tables over a six-month period in 2011. Instead of card counting, Johnson sought out casinos that had the most favorable rules, like being able to split a hand up to four times.
Biggest Slot Machine Payouts Videos
Another thing Johnson looked for were casinos that offered a guaranteed payout, which refunds part of what’s lost on a hand. All that research paid off to the tune of $15 million in half a year of playing.
A billionaire by the name of Kerry Packer also won big at the blackjack tables. During a trip to Vegas in 1997 he reported won somewhere in the range of $20-40 million. The winnings came from a combination of black jack and baccarat.
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