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The largest jackpot ever won in Vegas was $39.7 million and was won in March of 2003 at the Excalibur casino site. The lucky winner was a 25-year-old man from Los Angeles that turned a $100 stint at the slots in the biggest win ever recorded. The instantly wealthy man was visiting Vegas for your NCAA basketball tournaments and sat down at the slot machine to play for a short while. He walked away with a huge 1.5 high dollar payout for 25 a lot of years.