August 7, 2017 - 1:31 pm
Updated August 7, 2017 - 1:52 pm
A slot player parlayed a few dollars into a jackpot valued at nearly $727,000 on Saturday in Las Vegas.
The jackpot was hit on an IGT “Wheel of Fortune Double 3X4X5X Pay Multiplay” at the Palazzo on the Strip, according to an email from an IGT spokeswoman.
The game is a 25-cent progressive. For this game, a 12 credit or $3 bet was required to win the jackpot.
No other information on the jackpot, including the name of the winner, was immediately available.
The total value of the jackpot was $726,763, according to the email.
IGT progressive jackpots typically offer a lump sum payment less than the actual jackpot or they can be paid out in annual installments over a number of years.
The Wheel of Fortune 25-cent progressive jackpot resets at $200,000.