Bonanza Megapays Slot

Review for Canadians, Demo Play & Payout Info

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  • Four-tier progressive jackpot
  • Remake of BTG classic
  • Impressive RTP for progressive slot
  • Almost exactly the same as original

Bonanza Megapays is an online slot developed by Big Time Gaming with up to 117,649 ways to win available. Features include a 4-tier progressive jackpot, cascading reels, free spins and increasing multipliers. The RTP of this high volatility slot is 96.4% and its top jackpot seeds at €300,000.


Bonanza is the slot that really defined what Megaways are. While games like Queen of Riches and Dragon Born were the first two games to feature the mechanic, it was Bonanza and Extra Chilli that stand out in players’ minds. Now, Big Time Gaming has reinvented Bonanza with its new Megapays progressive jackpot network.  

This online slot is set for release on June 7th, 2021. Then, you’ll be able to play the Bonanza Megapays free play demo right here at Slots Temple.  

Theme and Graphics

If you were a big fan of the look and feel of the original Bonanza slot, you’re going to love this game. Everything about Bonanza Megapays is identical to the first slot. It’s only got the additional of a new logo and the progressive jackpot meters running along the top of the reels that set it apart form the first game.

A Classic Slot Theme

The mining theme and crisp graphics really were a driving force behind the success of Bonanza. It’s the kind of theme that is universally attractive to players and the bright colour scheme is just very eye-catching.

The soundtrack in BTG’s Bonanza Megapays slot is also good fun, as well. A jangling banjo tune, the music that accompanies the spinning of the reels adds another layer to the immersive nature of the game.

Bonanza Megapays Slot

Bonanza Megapays RTP and Variance

Bonanza Megapays’ RTP is 96.4%. While this sounds pretty average for a new slot release, it’s actually very impressive for us as it makes this game stand out from other progressive slots.

When you look at most progressive jackpot games, their RTPs tend to be on the very low side. For example, Age of the Gods has a payout percentage of 95.73% while Immortal Romance Mega Moolah’s RTP is 93.4%. So, it’s great to see a progressive slot with an RTP that fits more within the standard range.

In terms of variance, Bonanza Megapays is a high variance slotrated at 4/5. So, it’s not extremely volatile like many newer releases, allowing players to land fairly consistent wins.

How to Win

The betting limits in in Bonanza Megapays are pretty wide ranging. Players can wager as little as .20 coins per spin, or all the way up to 30 coins.

Winning Ways

Just because it’s called Bonanza Megapays doesn’t meant it’s no longer a Megaways slot. The game still has a variable number of winning ways on offer, depending on the number of symbols that appear on each reel. This makes the maximum number of ways to win 117,649.

Cascading Wins

Just like any other Megaways slot game, Bonanza Megapays has cascading reels. So, every time you land a win, the symbols in the combo disappear. Then, new symbols fall into their places for a domino effect that can provide you with multiple payouts.

Free Spins and Bonuses

When you spell out the word GOLD on the reels with scatters, you’ll trigger the free spins round. The first four scatters offer you 12 free spins while every additional scatter that triggers the bonus in the Bonanza Megaplays slot adds 5 more to your total.

During the free spins bonus, there is an unlimited win multiplier available. Every time a cascade occurs, the multiplier will increase. There is no limit to how high this multiplier can climb.

Landing three scatters will give you 5 more free spins while landing 4 scatters will give you 10 more free spins.

This is the same combination of features that you’ll find in most new Megaways slot games. Free spins and increasing multipliers tend to go hand-in-in-hand in this series.

How to Land the Megapays Jackpot

The progressive jackpots in BTG’s Bonanza Megapays slot are triggered totally randomly. At any time during the base game, you’ll find yourself entered into the Megapays bonus round.

Normally, in a progressive slot game, it’s a prize wheel that determines which progressive jackpot you’ll win. However, Bonanza Megapays does things a little bit differently.

Here, one symbol is chosen to be the Megapays symbol as you’re taken to a new screen. The reels continue to spin, and every Megapays symbol that appears is added to the bonus meter:

  • Collect 4 Megapays symbols for the Mini Jackpot
  • Collect 8 Megapays symbols for the Midi Jackpot
  • Collect 12 Megapays symbols for the Major Jackpot
  • Collect 15 Megapays symbols for the Mega Jackpot

Megapays Progressive Jackpot Prizes

If you’re unfamiliar with progressive jackpots, here’s a quick little primer. A progressive jackpot pool ‘seeds’ at a specific amount, which means it will always reset to this number. In the case of Megapays, the seed amounts are as follows:

  • Mini Jackpot: €100 seed
  • Midi Jackpot: €1500 seed
  • Major Jackpot: €20,000 seed
  • Mega Jackpot: €300,000 seed

Then, every time a player makes a wager, each jackpot climbs just a bit. The jackpots aren’t programmed to pay out at a certain time, so it is totally random.

Once one of the jackpots is awarded, then it resets to its seed amount. Then, the progressive begins again.

Overall Review - Are Progressive Jackpots Making a Comeback?

Progressive slots aren’t the usual kind of game that Big Time Gaming releases. The developer has been busier with new mechanics like Megaclusters and Megaquads – so, it’s interesting that BTG has decided to experiment with a more classic gameplay feature.

Of course, progressive jackpots are always great. They can offer up some amazing winning potential, since the jackpots are always one the climb every time players make a wager.

Paving a New Way

It’s been a while since developers seemed interested in making progressive jackpot slots, with most studios focusing mostly on making Megaways and other innovative game mechanics like Infinity Reels. Only Microgaming and Playtech seem to have stayed on the jackpot train.

It would be interesting to see if this sparks a new trend in the online gaming market. Should BTG’s Bonanza Megapays slot make a big impact, other slots developers might begin working with progressive jackpot networks again.

Impressive RTP

The RTP is another high point for us. You really don’t see progressive jackpot games with RTPs that are higher than 95%. So, this makes Bonanza Megapays definitely a more desirable game than other slots that offer progressive jackpots.

All-in-all, it’s certainly worth it to play Bonanza Megapays. The game really brings together the best bits of what’s popular in the slots market nowadays for an exciting online gaming experience.

In the Meantime…

Since Bonanza Megapays is not yet available to play, we’d recommend giving Megaways Buffalo Rising Jackpot King or The Goonies Jackpot King a spin. As they are also Megaways games that are linked to progressive jackpot networks, they are the kind of games that will give you a similar experience to play Bonanza Megapays.

Disclaimer: Bonanza Megapays trademark / license is owned by Big Time Gaming. This site is not endorsed by Big Time Gaming.

* This button takes you to an external third-party partner real money casino website. Although we try and match games with Casinos that have them, we advise that you double-check the slot content on the casino website before making a deposit or signing up.

Slot Data
Slot Name: Bonanza Megapays
Software: Big Time Gaming
RTP: 96.4%
Volatility: High volatility
Paylines: 117649
Reels: 6
Min Bet (all lines covered): $0.20 (CAD)
Max Bet: $30 (CAD)
Top Win: 17926
Features: Wild Symbol, Scatter Symbol, Multiplier, Free Spins, High volatility, 6 Reels, Cascading, Increasing Multipliers
CA Available in CA? Yes. Big Time Gaming slots are available in Canada.

Bonanza Megapays Slot FAQs

What is the RTP of Bonanza Megapays?

In BTG’s Bonanza Megapays slot, the RTP is 96.4%. Most progressive jackpots have payout percentages that fall below 95%, so it’s great to see an RTP that is more in line with new slot releases.

What is the biggest win available on Bonanza Megapays?

The Mega Jackpot seeds at €300,000 (3,000,000x your stake on a .10 bet) – which means that is the minimum amount it will pay. However, outside of the progressive jackpots, the top prize is worth 17,926x.

How volatile is Bonanza Megapays?

According to Big Time Gaming, Bonanza Megapays is rated a 4/5 on the variance scale. So, it’s not as extremely volatile as some new releases and pays out a bit more consistently.

Is there a free spins bonus in Bonanza Megapays?

Yes, it takes four scatters to trigger the Bonanza Megapays free spins round. Here, there is an increasing multiplier on every cascade, and there is no limit to how high it can climb.

How are the Megapays Jackpots won?

The jackpot bonus round is triggered completely randomly. When you enter this bonus, one symbol is selected as the Megapays symbol and it will be collected in the jackpot meter. Once you’re collected four Megapays symbols, you’ll win the Mini Jackpot and you can keep going until you’ve collected 15 for the Mega Jackpot.

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