Lucky Bastard Wins $2.1 Million Jackpot at Cosmopolitan

A player at Cosmopolitan Las Vegas hit the kind of jackpot all gamblers pine for on April 25, 2021.

The jackpot was for more than $2.1 million ($2,101,093.50 to be exact).

Technically, “Millionsaire.”

We first heard about the win on Twitter via @SlotWinsByChico, but rest assured Cosmo will be sending out a news release about the win within the next few days.

The big win was on a Monopoly Millionaire machine, and the winning bet was a mere $4. (The player put a total of $40 in the machine.)

According to our horrible math, that’s a 52,500,000% return on investment.

Whenever a bigass jackpot hits, we get lots of questions about how much the player actually keeps.

Right off the top, there’s 27% in federal taxes withheld.

For a really big jackpot, like Megabucks, players get the option of receiving a lump sum or annuity. For a $2 million jackpot, the player probably 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.

That’s a lot of Holsteins burgers.

It’s worth noting the Cosmopolitan doesn’t pay a big jackpot like this, the slot maker does. In this case, SG Gaming.

If you hit a big jackpot, settle in, as the paperwork can sometimes take hours.

The prospect of winning big is part of what makes Vegas so Vegas, and we’re pretty sure the lucky winner at Cosmopolitan is still in a state of shock.

The dream of snagging a massive slot jackpot is alive and well in Las Vegas!

3 thoughts on “Lucky Bastard Wins $2.1 Million Jackpot at Cosmopolitan

  1. Anthony Curley

    Hi vital is it still the case that none Americans ie us Brits have a reciprocal no tax agreement meaning full payment of all wins. Also when is the taxable win limit going to 5k from the current 1200
    Thanks Tony

    Reply
  2. project design

    My feelings exactly (should have been me, lucky bastard)…..somewhere around Jan. 2019, I was at the Venetian and a guy (maybe later 40’s early 50’s) won 1.1 -1.2 million on a penny machine. They roped off the area with caution tape and a half dozen slot employee’s and this guy were behind the tape….I walked up and this friendly employee told me the amount of the win……the guy looked midwest (looked like machinist/mechanic type), wearing carhartt’s and looked utterly stunned!

    Reply
  3. Mark A. Erichson

    I wonder how the other patrons reacted.
    A few years ago, my partner and I were invited to a complimentary hotel room, concert, dinner, and open bar. When the show ended, I was itching to gamble (which is why I got the comp in the first place, I guess). So we went downstairs to a crowded bank of video poker machines — 16 or so of them, lined up against a wall, triple-play, with a different progressive jackpot for each of the lines. I took the empty end seat, and my friend sat beside me. Full row. And then, and then… After about 20 pulls, I was dealt a royal flush. Which meant that I won all three jackpots.
    I jumped out of my seat and screamed like a little girl. When my friend put me back into my chair, I could hear the other players bitching about me. “He just sat down. He doesn’t deserve this.” “Marva, that boy just took all our money.” ” I think he’s queer.” “I just don’t have no damned luck.” “Prob’ly gonna go spend it all on crack.”
    It was about $6,500 Canadian, which at the time was worth $14.50 USD, I think. Still, it was thrilling to win a jackpot, and really interesting to witness how pissed off the other players were.
    The bank of machines emptied out. And I mean emptied. Oh, well. I had enough cash to buy myself another glass of chardonnay, and, hey, screw them.

    Reply

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