It’s every gambler’s dream (or even novice gambler’s dream).
Place a small bet and walk away with a huge jackpot.
For one lucky Vegas visitor, that dream became an instant reality.
A lucky gambler, who wished to remain anonymous, turned a $5 side bet while playing Pai Gow at The Venetian into a jackpot that paid out $2,211,469.
The Venetian Resort and Casino in Las Vegas announced the news on social media, sharing a photograph of the seven card straight flush the Face Up Pai Gow player hit on their $5 side bet that triggered the largest progressive jackpot ever paid out at The Venetian Resort.
When a $5 side bet turns into $2,211,469! A very lucky guest was dealt a seven card straight flush while playing Face Up Pai Gow. This was the largest Pai Gow Progressive paid out in the resort's history. Who's feeling lucky? 😎 pic.twitter.com/gF2P05lkpZ
— The Venetian Resort Las Vegas (@VenetianVegas) July 24, 2024
Congratulations to the lucky winner!
It should be noted that whoever scored this massive (and lucky) payday, they likely got dinged big time with taxes.
According to the website AS.com, “if you have won more than $5,000, the payer may be required to withhold 28% of the proceeds for Federal income tax. However, if you did not provide your Social Security number to the payer, the amount withheld will be 31%.”
28% of $2,211,469 is $619,211 in taxes that was potentially taken out of that jackpot before the person walked off the casino floor.
Earlier this year, a gambler his a progressive jackpot playing Pai Gow in Pittsburgh that was worth $1.4 million and at the time it seemed that would be the largest Pai Gow progressive jackpot of the year but this latest score at the Venetian blew that lucky payday away with $800K+ more.