Record Mobile Slots Jackpot Hit – Worth $8.7m

One lucky slots player hit a record mobile slots jackpot over the weekend. The player, who wishes to remain anonymous, won €8,012,153.35 ($8.7 million) while playing Mega Moolah.

This safari-themed online slot holds a number of records in terms of progressive jackpots. In fact, this $8.7 million win tops Mega Moolah’s previous world record of $8.6 million.

How did this Record Jackpot Happen?

Players must make the minimum $0.25 bet to qualify for Mega Moolah’s top progressive jackpot. And this prize is awarded randomly, regardless of whether you from a winning combination.

The winner bet $6.80 on their jackpot-triggering spin, which is quite a bit more than the minimum.

“To see our own record for the largest ever mobile jackpot payout break is fantastic,” said Microgaming’s David Reynolds. “We’d like to congratulate the player on their life-changing win.”

Lump Sum Payout

The majority of online progressive jackpots are paid in annual installments. This favors the operators because they’ll pay less in the long run due to inflation. But this lucky winner will receive a lump sum payout of $8.7 million.

The jackpot will now return to its starting value of $1.5 million. But thanks to the record-setting mobile win, we can expect this prize to quickly increase with more players hoping to get rich.

How do Random Progressive Slots Jackpots Work?

Random progressive jackpots have become more and more popular in the mobile slots world because they allow players to win on any spin. Furthermore, you qualify for the jackpot no matter your bet per line.

Another nice aspect to random jackpots is that you don’t have to form any special win combination. Instead, the game randomly decides when you win a jackpot.

The only catch with random progressive jackpots is that you don’t know your odds of winning. But it’s still fun to play for these prizes regardless.