Millionaires Club Casino Slot Makes Millionaire

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Cryptologic's flagship progressive jackpot online slot hit today for $1,547,314. It had just crossed the $1.5 million mark last week and players were hoping that it would cross the next landmark of $2 million. However that was not to be. At least the new millionaire will be happy at the outcome.

It will be a while before the name of the lucky millionaire is revealed and the online casino where the hit took place. A verification process has to be gone through before the announcement is made. But the tickers of the Millionaires Club slot game all over the Internet fell sharply from $1.55 million to $175, 000 which is the reset value of the progressive jackpot slot. Millionaires Club is the only million dollars plus progressive jackpot game from Cryptologic and it last paid a million dollars almost two years ago. In the wake of the recent controversies surrounding some million dollar payouts, the online casino industry will be watching how Cryptologic handles this matter. Will it go for the one time payout like Microgaming has or will it invoke the maximum payout limitation clause and go for installments?

Though Millionaires Club had given the largest single payout of all Cryptologic jackpots in the last one year, it is not in number one position when cumulative payouts are considered. The Marvel Hero progressive jackpot has paid $2.6 million in 277 hits at an average of $9,000 per hit. The Super Hero progressive jackpot has paid out $2.4 million in over 2,500 hits at an average of just under $1,000 per hit. Millionaires Club is at number three position. It has paid out $2.0 million in 2 hits at an average of $1 million. The Marvel Hero and Super Hero progressive jackpots are linked to a network of 17 Marvel Comics online slots, whereas Millionaires Club is linked to only three different versions of the same slot. This can account for the greater reach of the other two jackpots.

Millionaires Club is a very volatile progressive jackpot online slot game. Its largest hit has been a whopping $5.9 million over two years ago. Its smallest hit has been $326 thousand a little over a year ago. Therefore even from past data it is difficult to hazard a guess as to when it will hit next. Recently two popular Microgaming progressive jackpots, Mega Moolah and Major Millions hit immediately after being reset. Last time Millionaires Club took about 8 months to cross the million dollar mark, so if it does not hit before then it could make another millionaire after eight months from now.

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