Source: tribuna.comA nearly $40 million slot win sounds like the kind of story that grows with every retelling, but this one does not need embellishment. On March 21, 2003, a 25-year-old software engineer from Los Angeles hit a Megabucks jackpot worth exactly $39,713,982.25 at Excalibur in Las Vegas. The $39.7 million headline was not a suitcase of cashA $39.7 million jackpot headline does not necessarily mean a winner receives $39.7 million in cash that night. A giant jackpot does not change the underlying oddsA record jackpot can make a slot look unusually generous, but one historic win does not change how the underlying game works. Frequently asked questionsHow does a casino verify a large slot jackpot before paying it?