Slot Machine Jackpot Winners
FORT LAUDERDALE, FLA. (WSVN) - Next time your friend or significant other asks if they can give it a try at a slot machine that you’ve supplied money for, think again — they could end up leaving with your $100,000 jackpot.
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- Slot Machine Jackpot Winners
If a slot machine has just paid out a large jackpot then you should give it some time before playing it. Another thing you want to keep in mind is the slot machines will have their cycles. There is not a game out there that will remain tight forever and at some point that machine is going to pay out big and you want to be the player that is. BIG WINS and JACKPOTS on casino slot machines throughout the United States!Las Vegas, NV - Biloxi, MS - Atlantic City, NJ - Hollywood, FL - Columbus, OH. $740,820 jackpot! Biggest progressive jackpot i ever witnessed. Ten times pay slot machine biggest jackpot. Lions share 2.4 million dollar jackpot. Let’s say that your slot machine has 64 stops on each reel. Your chances of getting a jackpot would be roughly 1 in 262,144, and many machines have far more than 64 stops per reel. If you’re looking for some good news, the law is on your side, to some degree. BIGGEST RIO DREAMS JACKPOT in YouTube history!!!! While playing Rio Dreams at Wynn Las Vegas we hit a 4 jewel bonus game and a few re-triggers after.#SlotM.
Gambler Jan Flato put $50 in a slot machine at the Seminole Hard Rock Hotel & Casino in Fort Lauderdale, hoping for a chance to win $100,000
At one point, Flato let his friend, 35-year-old Marina Navarro, push the button for luck.
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Then, suddenly, lights flashed and the pay line showed that he had won the $100,000 jackpot… or so he thought.
Once managers of the casino analyzed the video, it showed that Navarro pushed the button, which made her the rightful winner of the jackpot.
Seminole spokesman Gary Bitner couldn’t say much, but did reiterate the rule when it comes to gambling: “The person who pushes a slot machine button or pulls the arm is the person who wins the jackpot.”
Not only did Flato lose the cash he put into the machine, but he has barely heard from Navarro since she walked out that night with the jackpot. That night, she even asked armed security to keep an eye on Flato as she walked out.
“I said, ‘Marina, what are you doing?’ and she gets up and walks out,” Flato said.
Weeks later, she allegedly sent Flato a text message asking, “Still hate me?” He responded, “How could you do that to me?” And her response? “I miss you.”
Flato said he is still furious about what happened. But now, he has an important message for other slot players: “Don’t ever let them touch the button, don’t even tell them to touch anything for luck, because they can do what Marina did to me,” Flato said.
Navarro said Flato became distressed when they found out the jackpot wasn’t his. “Jan all of a sudden went ballistic,” she said. “He started screaming in front of everybody.”
Navarro then said Flato sent her threatening text messages. One message read, “Having me as an enemy ….not good,” followed by “We’ll [see] who made the Big mistake. It won’t be me.”
Navarro said she offered Flato some of the winnings, but after the texts he sent, she rescinded the offer.
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Slot Machine Jackpot Winners On Youtube
Players dream of hitting a big jackpot when they play the slots. When that day comes for you, you'll have questions about the taxes you must pay on the winnings.
Hand Pay Jackpots
When you hit the winning combination of symbols for a large jackpot, your slot machine locks up. Depending on the machine, the lights on top of the machine may come on and start flashing, music may play or bells ring. A slot attendant arrives promptly to see what you have won.
On jackpots smaller than $5,000, an attendant verifies that you hit the jackpot and then assists you in claiming your money at the cashier's cage. In the case of a large or progressive jackpot, the casino may have technicians come and check the machine to certify that it was functioning properly when the jackpot hit. If you hit one of the wide-area progressive machines such as MegaBucks, the slot company that operates the game comes out and verifies that machine before giving you a check.
When you hit a jackpot, you have the option of taking your winnings in cash or check. Usually, large amounts are paid by check. In the case of the MegaBucks or similar multi-million dollar jackpots, you receive a check for the partial amount, and then you have 90 days to decide if you want to be paid a lump sum or an annual annuity on the balance. If you select the lump sum option, you receive only a percentage of your actual winnings. For example, the full winnings of one multi-million slot jackpot is paid in 25 annual installments, or you can take a lump sum of 60 percent of the winnings.
IRS Withholding
All casino winnings are subject to federal taxes. However, the IRS only requires the casinos to report wins over $1,200 on slots and video poker machines or other games such as keno, lottery or horse racing. When you have a win equal to or greater than $1200, you are issued a W-2G form. This form lists your name, address and Social Security number. The casinos are not required to take out withholding tax on jackpots under $5,000 as long you supply your Social Security number. If you don’t provide your Social Security number, the casinos withhold 28 percent on small jackpots.
You can request a specific amount of withholding tax to be taken out of any jackpot you win. Some players like to do this to avoid a big tax payment in April when they file their income tax returns. The additional withholding may not be necessary if you keep a log book. The law allows you to deduct gambling losses up to the amount of your winnings. You can only do this if you have documentation of your losses. Keeping a diary or log book is the way to do this.
Proper Identification
Casinos can refuse to pay you until you produce proper identification—a photo ID such as a driver’s license, military ID or passport.
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If you don’t produce an ID, you are photographed and the casino holds your winnings until you come back with proper ID. For this reason, you should always carry a valid form of identification with you when you visit the casino.
Slot Machine Jackpot Winners
When the casino checks your identification, it also checks your age to make sure you are legally old enough to play. The minimum age for gambling varies from state to state, but under-age gamblers are not be paid if they hit a jackpot. This is the law in all jurisdictions, and it has been upheld in court.
Plan Ahead
Before you start playing your favorite slot machine you should have a plan for the day you hit a jackpot. Players become excited when they hit the big one, and this may affect the decisions you make about your winnings. It is helpful if you know ahead of time how much withholding you want taken out or whether you want a check for all or some of the amount.