Of that, $110,000,000 was from the reset amounts and $57,367,727 was from the progressive contribution. We also see from that website that the total of the last 11 jackpots was $167,367,727. The number of days between then and the time of this writing is 1,619 days. That same website shows a jackpot was hit on September 15, 2005. According to, there have been 11 jackpots hit between September 2005 and the date of the last jackpot (Feb.Before that, the reset value was $7 million.

According to defunct source, starting in September 2005, Megabucks was reset to a jackpot of $10 million.

In other words, 88.61% is returned to the players. The key piece of information from this table is that the overall profit of the game has been 11.39%. The following is a summary for 1994 to 2009.

The Nevada Gaming Control Board indicates that the profit of Megabucks on both a percentage and dollar basis.

That probability comes to (1/368) 3, implying each reel has a 1 in 368 chance of stopping on the jackpot symbol. This figure comes from an article titled Megabucks closes in on record jackpot from the Las Vegas Sun, Dec.

According to John Robison, the probability of hitting the jackpot is 1 in 49,836,032.

If we fit the pieces together, we can make a pretty good estimate of the point at which the return is 100%, known as the 'breakeven point.' Here is what we do know: However, there is some information that is public knowledge.

I don't know exactly how Megabucks is programmed. This page investigates the odds of the progressive jackpot slot machine, Megabucks, including the average jackpot and breakeven point.įor now, let's ignore the fact that a jackpot is paid by installments over 25 years and that the jackpot would be subject to income tax. Must-Hit-By Progressives on Ainsworth Slots.Shopping Spree Jackpot at $4 Million Does it Have a Positive Expected Value?.Deconstructing the Atkins Diet Slot Machine.3d: Slot Machine Return Percentages for Henderson/Lake Mead Casinos.3c: Slot Machine returns in Tunica, MS (Mississippi).3b: Slot Machine Return Percentages in Jean & Primm, Nevada.2: How to Calculate the Return for a Slot Machine.

Odds of winning a slot machine jackpot