The iGaming industry has been growing steadily over the years. It all began in the 1990s when the casinos were first introduced. Back then, prospective online gamblers could only wager using credit cards and play games like poker or slots.
However, we’ve come a long way since then. Nowadays, online casinos accept crypto-based deposits, e-wallets, credit and debit cards. Not only that, but players can play games like slots, roulette, poker, blackjack, and much more. All of these advancements have led to better games and larger wins.
Big Wins at Online Casinos
Only a few people associate online casinos with huge jackpots. Indeed, many see the value and benefits of online casinos. They’ve heard about the wide variety of gaming options, they know about the casino games with lowest house edge percentages, and they are fascinated by the different payout options. But, many are still unaware that online casinos have also paid out incredible sums.
Throughout the history of iGaming, there have been some incredible payouts. As we’ve noticed a lack of knowledge about these high payouts, we would like to review some of the biggest ones and discuss the amount, the game, the winners, and the event itself. Without further ado, let us get started.
The Mega Fortune Jackpot
Many people associate online casinos with Europe, and for good reason. The iGaming industry in Europe is thriving much more than in the United States and Canada. European countries like Great Britain, Germany, Sweden, and many more countries have some of the world’s best, safest, and most reputable online casinos.
However, many are shocked to find that the country with the second-biggest online gambling industry in Europe is none other than Finland. And it is here that our first win takes us. In January 2013, one lucky Finnish player was spinning the Mega Fortune Slots. When he hit the jackpot, he did not imagine he would go down in history.
However, the 17 million+ Euro jackpot did end up in the history books as the largest sum of money won at an online casino (up to that point). For a while, the event even decorated the Guinness Book of World Records and still gets brought up when discussing huge payouts at online casinos.
The Mega Moolah Win that Broke the Record
A lucky UK resident would top the accomplishment two years after the Finnish man’s life changed. Jon Heywood enjoyed spinning the occasional reel at Betway Casino, and his favorite slot was the Mega Moolah game. Or at least, that was the game he was playing when the party trombones started playing.
Jon Heywood had hit the jackpot, winning a whopping 17.9 million Euros. Heywood broke the record previously established by the anonymous Finnish gentleman and went down in history as a legend of the online casino world. But even his record would only last for a while.
Mega Moolah Tops Mega Moolah
There is a reason why the Mega Moolah progressive jackpot slot remains one of the most popular games at online casinos. It has broken the world record on several occasions. Indeed, it is one of the first slots that produced a record-breaking win, and, as it so happens, it is also the last.
In 2018, not three years after Jon Heywood broke the record, a patron of a certain online casino placed a 75-cent bet. The outcome? A jackpot worth 18+ million Euros. The incredible outcome is certainly something to write home about. However, it is more impressive that the massive earnings came from ¾ of a Euro.
Slot machines have had a long and storied history. Indeed, they continue to improve and impress today. Many online casinos are creating blockchain-based slots, proving that blockchains will play a huge role in entertainment’s future. We are eagerly awaiting to see who will top the Mega Moolah jackpot won in 2018.
Can somebody win a big prize at an online casino?
While possible, we wouldn’t recommend going into an online casino with the expressed intent of “hitting it big.” Instead, place small bets, play for fun, and hope for the best. Remember, the record-holder for the biggest jackpot was won accidentally on a wager of 75 cents.
What is the first “big prize” that proved online casinos work?
A Mega Moolah Jackpot set the record for the biggest payout at an online casino. Different slot game jackpots have surpassed that record several times since it was initially won.
What is the current record-holder for biggest payout at online casinos?
The current record-holder is the Mega Moolah Progressive Jackpot slot, which was won in 2018. The lucky gambler placed a wager of 75 cents and managed to win over 18 million Euros.
Online casinos are an excellent way to pass the time. They are fun and feature a ton of great games and many bonuses that make gambling much easier than you would expect. However, they have also been known to pay out incredible sums. The ones we mentioned here are the current top three biggest payouts in the history of online casinos. They are the ones that everyone points to when they want to prove that iGaming is just as valid, reputable, and rewarding as land-based casinos.