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.Īlso note that casinos can refuse to pay you until you produce proper identification-a photo ID such as a driver’s license, military ID or passport. If you select the lump sum option, you receive only a percentage of your actual winnings. 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. Usually, large amounts are paid by check. When you hit a jackpot, you have the option of taking your winnings in cash or check. If you hit one of the wide-area progressive machines such as MegaBucks the pokies company that operates the game comes out and verifies that machine before giving you a check. 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. 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. Inland casino pokies attendant arrives promptly to see what you have won.
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