You want to win nearly a half-million dollars in Las Vegas?
It’s easy. Play the Wheel of Fortune 25-cent progressive slot machine.
Then get lucky. Really, really lucky.
In fact, someone was lucky enough to win a Wheel jackpot valued at $476,730.28 at The Linq Hotel on Saturday, June 10.
The 25-cent progressive is a popular game in Nevada and takes a $1.25 bet to win the top jackpot. It resets at $200,000 and is already climbing again.
Like all IGT jackpots, you don’t actually win the $476,730.28. You can take a cash option for that amount, roughly about $300,000 in this case. Or you can take an annuity for the actual amount, paid out over 20 or 30 years.
Either way, you pay taxes on your winnings, and the money that goes to the IRS will be substantial.
But that doesn’t deter the slot players. They’ll be back.
And there will be another “lucky winner” in a relatively short time.