Penny Slots Make Multi Millionaires Out of Two Lucky Players

Filed under: Penny Slots News — bill @ 6:00 am

Ever wonder if it’s really possible to hit the jackpot on penny slot machines? We’ve dug up a couple of recent cases where penny slots made multi millionaires out of two lucky individuals. If you don’t think dreams can come true, check out these penny slot winners.

Largest penny slot jackpot in history hit for over $18 Million

A Nevada man made history on February 1st of this year. That’s when the anonymous man decided to try his luck at the Penny Megabucks machine. His wildest dreams came true when he scored the MegaJackpot of $18,799,414. This prize is the largest penny slot jackpot ever won.

Here’s the story direct from the 66 year-old man’s own mouth.

“On my way over to the casino this morning, I actually thought about playing Penny Megabucks(R). I don’t know why because I normally play video poker. So after rolling several practice games, I went to have lunch and on the way back to the lanes, I stopped to play slots at Penny Megabucks(R).”

“I put in $100 and after playing $44, I saw 5 eagles line up and thought I had won about $3,000,” he added. “Then I looked up, and the large jackpot on top of the machine had switched from $18 million to $10 million. Then I knew I had won something big.”

When asked about what he planned to do with the winnings, the big winner said that he will be paying off some bills before taking his wife on a long trip to Australia.

Ed Rogich, the Vice President of Marketing for IGT (developer of the Megabucks game) had this to say,

“It’s exciting to make history with this penny MegaJackpot. Penny slots are enormously popular, and this huge jackpot proves that they have a place in gaming history.”

Penny slots make a 21 year old college student a multi-millionaire

21 year-old Shana Kelley got more than she bargained for after going with her mother to the Mohegan Sun Casino in Connecticut. That’s when the Bunker Hill College student scored a huge $3.5 Million win playing a penny slot machine. The funny thing is, she thought she had only won several thousand.

“I did not realize I won millions, I thought it was thousands, I started to shake, (my) mom was going nuts.”

So what does Kelley plan on spending part of her millions on? Sources say a baby blue Cadillac Escalade and a house.

As you can see, it’s entirely possible to strike it rich on even a penny slot machine. It’s even more convenient these days with all the online casinos with penny slots. If you’re a serious slot player, you should be playing online penny slot machines.

Have you or someone you know hit a jackpot playing penny slots? Share your story in the comments below!

Common Myths About Penny Slots

Filed under: Penny Slots Guide — bill @ 11:00 pm

Before we start listing all the best online casinos with penny slots, we thought it was important to debunk a few popular myths surrounding penny slot machines. That way, you can feel confident about playing penny slots and having a good time.

MYTH: This is my lucky penny slot machine!
TRUTH: While it would be nice to truly have a lucky penny slot machine, nothing could be further from reality. The fact is, all penny slot machines use random number generators (even online ones). That means they are all equal. I realize we still like to believe in some magical force to deliver us big wins, and if that makes slots more exciting to you, go for it! Just know that there is no formula to picking a winning penny slot machine.

MYTH: After a penny slot machine hits a jackpot, it has to tighten up to even out. Or on the flip side, when a jackpot hasn’t been hit for a long time, the machine is “due” to pay off.
TRUTH: This is a really popular myth. I cringe every time I hear someone say “I saw someone just hit $x,xxx on that machine, it won’t pay off now. The casino has to make their money back” Again, slots run off random number generators. Yes, they are set to pay off a percentage, but that’s over a long period of time. In other words, if a penny slot machine hits the jackpot, you have the same chance of hitting another jackpot on the next spin, as you did before the jackpot hit. Also, just because someone played a penny slot machine for a long time and didn’t win, doesn’t make it more likely to pay off if you play it.

MYTH: I got up from a machine and the jackpot hit. If I would have played a little longer it would have been mine.
TRUTH: The random number generators on slot machines are constantly calculating thousands of combinations that represent which spots a spin will land on. As soon as you hit the SPIN button the RNG calculates what combination the machine will land on. That means, for you to have hit the jackpot on that machine, you would have had to hit SPIN at the exact same time as the other person did. This is highly unlikely, so you shouldn’t feel bad.

MYTH: Online casino penny slots pay less than live casinos
TRUTH: This is a biggie! Online casino penny slots actually pay MORE than live casinos! Due to the popularity of online gaming and less overhead (no light bills, buffets, etc), online casinos with penny slots can afford to give away more money. Most brick and mortar live casinos pay back between 90-93% while online casinos pay back around 95-97%.

Penny Slot Machine Myths Summary

Remember, all penny slots are created equal. At least for the most part. Since slot machines use random number generators, your chances of winning are the same, regardless of whether a machine has recently been hit or not. Don’t depend on a magic formula or superstition to pick a penny slot machine. Instead, use available resources to find the best places to play penny slots. For example, the fact that online penny slots have a higher payback percentage, plus great deposit bonuses, makes them an excellent way to win more at slots. As always, you can turn to PennySlotsDirectory for all the information you need about playing penny slots at online casinos.

Do you have any questions about these common penny slot myths? What interesting myths have heard about slot machines?

Welcome to Penny Slots Directory – Your Guide to Online Casinos with Penny Slots

Filed under: Penny Slots News — bill @ 6:14 am

Thanks for visiting Penny Slots Directory. We have taken the time to put together quality information about penny slots, including lists of the best online casinos with penny slots. If you are looking for quality casinos to play penny slots online, or just penny slot machine information in general, you have come to the right place.

If any of you would like specific information about online penny slots, please feel free to let us know. Again, we appreciate the visit and hope you’ll check back often for updated information about online casinos with penny slots.