A lucky punter wagering on one of Microgaming’s popular Mega Moolah slot games this past weekend managed to hit it big when striking the game’s Mega Jackpot that resulted in a massive win of $3,478,874.

This latest prize is the 41st time that the jackpot was hit on the slot game since December of 2009 and is the third jackpot win for the game in the past five weeks, with punters winning $7.7 million and $1.4 million prior to this hit.

The jackpot on the Mega Moolah slot game pays out an average amount of $5,171,316 while the largest win of $13,212,882 on the slot game is a Guinness World Record.

As with all amounts won on Microgaming’s progressive jackpot network, the winner will be awarded the prize as a lump sum and not in annuities.

Mega Moolah is Microgaming’s most famous progressive jackpot and features the network’s biggest pooled jackpot.

The Mega Moolah slot offers Free Spins awards as well as Wild and Scatter symbols with the jackpot made up of four progressive jackpots in one – Mega Moolah Mega, Major, Minor and Mini, from largest to smallest.

The Mega Moolah jackpot can be won on any of a number of slots, including Mega Moolah Isis, Mega Moolah Summertime and Mega Moolah 5 Reel Drive.

The jackpot can only be won during the Bonus round where players spin a Jackpot Wheel. Should the wheel stop spinning on the white segment players will win the Mega Jackpot, turning them into an Instant Millionaire.

The Minor and Mini jackpots are regularly won several times a day for small amounts.

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