Gambler Hits $5.4 Million Jackpot in Vegas

A gambler at the Excalibur Casino in Las Vegas is set to live like a king (or queen) after they won a huge $5.4 million jackpot while playing a Wheel of Fortune slot machine.

The gambler scored the prize while playing the slot, betting the maximum credits and landing three 7's across the game's first payline. The machine was a $25 style, meaning the player was putting in some big cash beforehand. The prize was hit at 12:45 am on Sunday morning, and the total value of the prize was $5,482,229.

Details on the winner haven't been made available, but we'll let readers know as we learn more.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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auCL - klaw
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11 February 2020 - 11:57pm
#1

Wow, that's a nice win. What's the deal with land based US casino wins - does the jackpot winner get to take the lot or do they have to pay tax on the winnings??

maADALIGO
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12 February 2020 - 12:22am
#2

Magnificent huge winning, he is very lucky with that wheel of fortune slot machine.

usbarbadosslim93
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12 February 2020 - 2:49pm
#3

They may get to take the whole lot up front, but are going to have to pay tax on it at some point. If the casino allows it, the best option would be to let them tax it so that you're not facing a big bill at the end of the year!

auCL-Ed
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13 February 2020 - 12:02am
#4

Are you sure slim? I would have thought it would be better to take the total up front and invest it until you have to pay the tax bill at the latest possible moment.

Always play it safe! Consult our list of rogue casinos and warnings before depositing at a new casino.
Post in our forums to earn CLchips which can be used to buy real prizes in our CLchips shop.

krcoolsongss
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13 February 2020 - 5:42am
#5

Wow, seeing the high number Jackpot in land casinos would make players excited.
Congratulations for the great win.

usbarbadosslim93
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13 February 2020 - 6:14pm
#6
CL-Ed wrote:

Are you sure slim? I would have thought it would be better to take the total up front and invest it until you have to pay the tax bill at the latest possible moment.

How many gamblers (or people in general) do you know that would have that kind of restraint after winning that much money?

CL-Ed

auCL-Ed
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13 February 2020 - 9:49pm
#7

Very good point!

Always play it safe! Consult our list of rogue casinos and warnings before depositing at a new casino.
Post in our forums to earn CLchips which can be used to buy real prizes in our CLchips shop.

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