What these creative features do is make every spin independent. There’s no red arrow on the actual slot machine drawing attention to the $0 space, that would be weird. Good day, sir!” We’re pretty sure the 1-to-999 ratio isn’t to scale. Here’s the wheel, and our red arrow points to the space where, on that particular spin, to quote Willy Wonka, “You win nothing. That’s right, the prize wheel has a losing space, and the player gets zero dollars about once out of every 999 spins. This is important.Īlso important is the fact the wheel contains a number of amounts you can win on each spin, but there’s a space where you lose. The cost is one credit (the denominations on the games we played were $5, $10 and $25). The thing is, in this game, the spins cost you. If you hit the bonus, you get a number of wheel spins for big bucks. You might want to jot this down or save the pic on your phone. The Double Jackpot Blazing 7s With Quick Hit slot has a bonus round that’s unlike other games.
Because Canada is smart.Īnyway, the whole W-2G experience is a burden on players (interruptions in play, the government knows their business) and casinos (red tape and staffing costs), which is what makes this new slot machine so crafty. Canadians who win jackpots get a third of their winnings withheld, right off the top, despite the fact that in Canada, gambling winnings aren’t considered a taxable form of income. The reporting process gets even more complicated for international visitors, such as those from Canada. Why is it always about instant gratification with you? We’ll show a close-up of the payouts in a minute. (Accounting for inflation, that number should be closer to $6,000.) This slot machine may look the same as may others, but it’s not the same. The $1,200 threshold has been in place since 1977, and there have been endless attempts to raise the threshold to $5,000. The bottom line is the whole process is a pain in the ass, both for casinos and players. and the casino reports the win to the IRS via a W-2G form. casinos, when a player hits a jackpot of $1,200 or more, they are paid by hand (called a, wait for it, “handpay”). Here’s some background, in case this all sounds like Greek.
Casinos, the most fun things in the world. Once you see why this machine is so ingenious, you’ll wonder how its manufacturer, Light & Wonder (formerly Scientific Games), is getting away with it.Ī twist: This slot machine is especially popular with visitors from Canada.
The game: Double Jackpot Blazing 7s With Quick Hit (High Limit Edition). A new slot machine cleverly helps gamblers avoid triggering IRS reporting headaches when they hit a “taxable” jackpot.
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