Manufactured by International Gaming Technology (NYSE:IGT) MegaBucks is a dollar slot machine that must have $3 played to hit the jackpot. Each has its own random number generator that chooses outcomes that are reported to a central station. This type of slot machine is called a wide-area progressive because when the jackpot is hit, the central station sends out a message to the other thousands of MegaBucks across the country to reset their meters.
The MegaBucks was actually the first wide-area progressive system when introduced in 1986. According to IGT, more than $1 billion in MegaBucks jackpots have been won since then.
With its $150 million expansion in February, Seminole Casino Coconut Creek now offers more than 2,300 slot machines on its 100,000-square-foot gaming floor.