If you win a Mega Millions jackpot, you will have to pay federal taxes. A federal tax of 39.6 percent is due on all jackpot prizes. 25 percent is taken immediately before you receive your winnings and a further 14.6 percent is due at the end of the tax year. You may also be liable for state taxes.
Winning a big jackpot is the ultimate dream of many casino slot players. Playing for fun and hitting small wins every once a while is already great in its own right, but winning a potentially big prize is even more attractive. So how can you win a jackpot at an online casino? If it were easy, many players would be prosperous and casinos bankrupt. You must bear in mind that luck has got a lot to do with whether you win or not and how much you win, and you most definitely need a fair share of patience. Strategising and mathematical calculations can never guarantee a win. However, there are some actions you can take to increase your chances of winning. We'll be going over these factors very soon after we tackle the main jackpot categories found at most online casinos.
In this article, you’ll learn about:
Fixed jackpot slots pay a specific amount of money every time they're won. The prize is established and can be won by any lucky player, regardless of how much he bets. Many players believe that the odds of winning are more favourable than progressive slots since jackpots hit more often. Still, the random number generator makes a win possible any day and any time. It's all down to chance!
Progressive jackpot slots feature one or more special prizes which keep on accumulating until a player lays his hands on a win. The more players play, the larger the pot will become as a small percentage of each player's bet is added to the pot. As soon as it's won, the pot amount resets to a predetermined value. These slot machines tend to be highly volatile - which means that they have a lower hit frequency than fixed jackpots, but players can win bigger possible cash prizes. Stricter terms and conditions will generally characterise these types of games, so make sure you go through them before you click on the spin button.
Jackpots on slots like Mega Fortune™, Hall of Gods™, and Mega Moolah™, can reach millions of euros, with their handsome sums more akin to those of a national lottery, rather than a regular slot machine.
Progressive jackpot slots are typically run by game providers over large networks consisting of an array of casino brands. This means more players are playing the same jackpot games, with a portion of each bet added to the pool, increasing the rate at which these jackpots grow. Thus, it comes as no surprise that progressive jackpots tend to be some of the most popular casino games at EnergyCasino.
EnergyCasino offers a broad range of progressive jackpot slots produced by distinct game developers. Players can browse through the available jackpot slot machines by selecting the 'Jackpot' tab on the navigation menu. These types of slots can also be identified when browsing through all the casino games because they would showcase the current principal pot total in black text on an orange background over the game's thumbnail.
The current progressive jackpot game choice at EnergyCasino includes Mega Fortune™, Jolly Fruits™, Hall of Gods™, Divine Fortune™, Golden Sevens, Fruits'N Sevens, Jackpot Crown™, Arabian Nights, Cosmic Fortune™, Mega Joker, King's Treasure, Super Lucky Frog, Wizard of Odds, CashSplash 3-reel, CashSplash 5-reel, Fruit Fiesta 3-reel, Fruit Fiesta 5-reel, King Cashalot, LotsALoot 3-reel, LotsALoot 5-reel, Major Millions, Treasure Nile, Tunzamunni, WowPot, Diamonds of Fortune, and Deuces Wild.
Mega Fortune™ is a typical example of a popular progressive jackpot slot available at EnergyCasino. Packed with luxury-themed symbols, it will most certainly get you in the mood for a win. Its layout is similar to regular slot games, except for the three jackpot counters at the top of the screen - one for the top Mega Jackpot, another for the Major Jackpot, and the last one for the Rapid Jackpot, which you'll see growing in real-time. Although this particular slot machine has three possible jackpots to be won, other progressive slots may only have one prize to be won.
Another particularly popular jackpot slot at EnergyCasino is the stunning Divine Fortune™ slot from NetEnt. A Greek mythology-inspired slot machine with gorgeous graphics and ambient sounds, Divine Fortune™ is another game with three jackpots - Minor, Major, and Mega jackpots. Even if you don't trigger the jackpot bonus game, Divine Fortune™ is packed with unique features, including Scatters, Falling Wilds respins, Free Spins and a Wild on Wild feature, which makes the gameplay much more enjoyable.
Players who prefer old-fashioned fruit-themed slots can explore the progressive fruit slots available at EnergyCasino. One of the most popular ones is Jolly Fruits™ from Greentube (Novomatic) – a 5-reel slot machine featuring traditional fruit symbols, bar and lucky seven symbols, together with authentic mechanical sounds. Jolly Fruits™ has just two progressive jackpots, and fewer special features, making it more popular with archaic gamers.
Other than progressive slot machines, EnergyCasino also offers video poker with progressive jackpots. Examples of such games include Jacks or Better and Joker Wild. When selecting the 'Jackpot' tab, they will be displayed alongside the progressive slot games.
Winning a big prize is a random feat which can never be backed up by any kind of strategy. No calculations can ever give you a higher edge as outcomes are determined by the random number generator. However, there are some actions you can take to enjoy yourself more and extend your bankroll's longevity:
Now that you're more knowledgeable on casino jackpots, you may decide to take a step forward and start testing out your luck! Playing jackpot slots is as simple as ABC. All you need to do is visit the EnergyCasino site, sign up and take advantage of any available deposit bonus. Take a look through the range of games adorning the casino's game portfolio and choose a slot machine which appeals to you. Make sure you read through all the terms and conditions before you place your bets and start spinning. Playing jackpot slots has never been this easy!
Remember that gambling can become addictive if you don't play responsibly. Stick to a budget and make sure you always remain in control of the amount of time you spend playing slots and the amount of money you spend. You want to keep losses to a minimum and, most importantly, safeguard your emotional and social wellbeing.
To sum up, jackpot games provide a golden opportunity to players eyeballing life-changing wins, thus proving to be a popular alternative amongst casino enthusiasts. However, winning a big prize cannot be so easily achieved! Since the random number generator determines the outcome of each spin, all wins are based on chance, so no strategy can ever guarantee success.
Therefore, you need to play responsibly, read player reviews and familiarise yourself with the slots' terms and conditions, and wagering requirements. Take advantage of any bonuses, set loss limits, and make sure you're in the right frame of mind to ensure jackpot slots remain as enjoyable as possible!
Ready to embark on a jackpot journey? Visit EnergyCasino and play your preferred progressive and non-progressive games to be in with a chance of a possible win! Who knows - you may just emerge a winner if all the lucky stars are looking down on you.
Good luck!
Browse our blog for more EnergyCasino articles and tips on how to play slots and other casino games. Learn more about different playing strategies, the odds of winning and how to win particular casino games, and you may enjoy some possible lucky wins in the future!
Although the chances of winning a special prize aren't high, you may still be the lucky winner of an attractive prize. When you land a win, the casino will transfer the money to your casino account. However, bear in mind that set limits may be in place - determining how much money you'll be able to withdraw weekly or monthly.
Simple - all you need to do is choose a top-rated casino, sign up, claim any available bonuses and select a fixed or progressive jackpot slot of your choice. Once you've read all the terms and conditions, place your bets and start spinning. Keep in mind that the random number generator embedded within the slot's computer algorithm will determine whether you win or not.
You can play the best progressive jackpot games at EnergyCasino - one of the best casinos around the world. With a vast array of themes, enticing graphics and bonus features, you'll find a progressive jackpot slot which meets your expectations.
Several jackpot slots have gained a lot of popularity over the years, but some which have proven to offer generous prizes and stood the test of time include the Mega Moolah series, Hall of Gods and Mega Fortune. All these slots offer great possible jackpots to be won and exciting gameplay! Check out their free demo versions at EnergyCasino and start playing for real money if they meet your expectations!