Lucky Bastard Wins $2.1 Million Jackpot at Cosmopolitan
A player at Cosmopolitan Las Vegas hit the type of jackpot all gamblers pine for on April 25, 2021.
The jackpot was for far more than $2.1 million ($2,101,093.50 to be exact).
We 1st heard about the win on Twitter by means of @SlotWinsByChico, but rest assured Cosmo will be sending out a news release about the win within the next couple of days.
The massive win was on a Monopoly Millionaire machine, and the winning bet was a mere $four. (The player put a total of $40 in the machine.)
According to our horrible math, that’s a 52,500,000% return on investment.
Anytime a bigass jackpot hits, we get lots of concerns about how considerably the player truly keeps.
Proper off the best, there’s 27% in federal taxes withheld.
For a genuinely massive jackpot, like Megabucks, players get the selection of getting a lump sum or annuity. For a $2 million jackpot, the player almost certainly took a lump sum, less the 27% deducted by The Man ($567,295), leaving the lucky bastard (a visitor from Alaska) about $1,533,798. Ish.
It is worth noting the Cosmopolitan doesn’t spend a huge jackpot like this, the slot maker does. In this case, SG Gaming.
If you hit a massive jackpot, settle in, as the paperwork can at times take hours.
The prospect of winning big is part of what makes Vegas so Vegas, and we’re fairly confident the lucky winner at Cosmopolitan is nonetheless in a state of shock.
The dream of snagging a massive slot jackpot is alive and nicely in Las Vegas!