Mega Money at Leo Vegas and a Mega Jackpot Beckons

The Mega Moolah slot jackpot prize, which has not dropped its bounty for 99 days, has surpassed €15.5 million.  In fact, the last time it was won, the jackpot made the record books as its €18.9 million haul was a world record for an online slot.

You can play the Mega Moolah slot at numerous casinos such as BetVictor and LeoVegas who have a Welcome Offer which gives new customers a 100% sign-up bonus of up to €400 (plus 100 free spins) on their first deposit.  There’s even 20 Free Spins on sign-up for non depositing new customers.

Mega Tax Bill

It will be a while before an online slot can match the $425 million won by a New York Mega Millions Lottery Jackpot winner on New Year’s Day. The winning ticket was purchased at a gas station in the town of Oyster Bay which irksomely happens to be listed, by Forbes Magazine, as America’s fifth most affluent neighbourhood with annual household income of nearly $250,000.

Hopefully the winning ticket will have been purchased by a working class Lotto player who will now have some important choices to make.  If the winner chooses to take a lump cash sum – and most U.S. Lotto winners do – lottery officials will automatically withhold 24 percent (or $102 million) in federal taxes.  But, with the top federal tax rate at 37 percent, the winner will have to pay a further $55.2 million on top of that.  The State of New York will then take an additional 8.8 percent ($37.4 million), leaving the winner with ‘just’ $230.4 million in cash.  That sucks!

*Mega Millions is played in 44 U.S. States as well as Washington, D.C. and the US Virgin Islands. The odds of winning the jackpot are 1 in 302 million

33,000/1 winningwager

At the other end of the jackpot scale… a BoyleSports betting shop customer from the small Irish county of Louth parlayed .50 cent into a €16,500.50 windfall after correctly forecasting numbers 7, 19, 27 and 37 would come out in Friday’s main EuroMillions draw.  Their ambition paid off with a return at the massive odds of 33,000/1 for their tiny wager.  Happy New Years!