
MegaBonanza has been one of my favorite sweepstakes casinos for years now, and a main reason for that is the awesome Gold Coin (GC) and Sweeps Coin (SC) promotions it consistently offers.
But what about MegaBonanza Casino real money prizes? I often see people mention things like this, and there seems to be a lot of confusion as to how the site works. So, with that in mind, I’ve created the below guide to discuss everything there is to know about its virtual currencies and how real money comes into the equation.
Let’s state the obvious - MegaBonanza is a sweepstakes casino, not a real money online casino - there’s a huge difference. While there are some real money elements, they are very specific, and I explain what they are and their context below.
No, it uses virtual currencies for gameplay
When it comes to gaming, you cannot use real money at MegaBonanza. This is an absolute must if the site wants to comply with US sweepstakes regulations. Instead, for the gameplay, you can use either Gold Coins (GC) or Sweeps Coins (SC). There’s an option to switch between the two virtual currencies, and you have the chance of getting GC or SC prizes back depending on which virtual currency you used initially.
There’s optional GC purchases
There are also no MegaBonanza Casino real money deposits - you do not have a USD account balance. Instead, the only thing you can do with your USD is make optional Gold Coin package purchases. MegaBonanza has a GC store with a range of packages - each one contains a set amount of Gold Coins, and you might get some free SC as a bonus after the GC purchase is completed.
You can also redeem your SC for cash prizes
While you have the chance of getting GC or SC prizes back from your gameplay, you also have the potential to redeem your Sweeps Coins for cash prizes, whereas Gold Coins are non-redeemable. You have to meet the following criteria to be able to make a cash prize redemption request:
From my experience with this site, I’ve been able to make redemption requests using Bank Transfer, and the process is relatively slow at around 3-8 business days on average.
For me, MegaBonanza is one of the top US sweepstakes casinos. I love the slot collection they offer - especially the 3-reel games from Playson, and the adult-themed slots from NoLimit City, but they’ve also got a pretty good live casino setup too. The site looks great and is easy to use, and there’s loads of different promos and features. However, if I was to be really picky, I’d like to see an actual downloadable Android mobile app, and I think their daily login bonus could be improved.
We now know that this ain’t a real money site, and that you use Gold Coins and Sweeps Coins for gameplay. But, how exactly do you get these virtual currencies? Simple - this sweepstakes casino has a range of different promotions and bonuses for both new and existing customers that dish out plenty of GC and SC. There’s also an 8-tier VIP program that you can progress through once you’ve signed up. This has the potential to give you a range of different perks such as a birthday gift, exclusive bonuses, and access to discounted GC packages.
| Promotion | What you get |
|---|---|
| No purchase bonus | 7,500 GC and 2.5 SC |
| Daily login bonus | 1,500 GC and 0.20 SC |
| Mail-in bonus | 4 SC |
| Referral bonus | Up to 130,000 GC and 65 SC |
Once you’ve checked what states is MegaBonanza legal in and you know if you can play here or not, you can sign up using the banners I’ve put on this page. If you do that, you’ll get an awesome no purchase bonus of 7,500 Gold Coins and 2.5 Sweeps Coins. From my years of experience with social casinos, this is essentially the benchmark welcome bonus I expect to get, and it should give you some good playability.
As well as the no purchase bonus, you’ve got an optional discounted GC package that gives you a 100%+ bonus:
I purchased this package when I signed up all that time ago and it remains one of the better discounted GC packages you can get. Just remember that it’s not necessary to purchase - you can always play the games for free here.
There is also a MegaBonanza daily reload bonus which gives you a lump sum of 1,500 Gold Coins and 0.20 Sweeps Coins. Some sites give you a random prize wheel spin or a progressive daily bonus - I like that this operator keeps it simple though. You know exactly what you are getting each day, and it’s a nice consistent amount which again is in-line with my minimum expectations.
Think about it this way - if you log in for a full week, you’re basically getting 10,500 GC and 1.4 SC for free which is pretty good! I always log in and get my daily bonus even if I’m not going to play any games that day - you can simply build up your virtual currencies and use them when you have the time.
This sweepstakes casino might not have any specific MegaBonanza free spins offers, but it does have the classic Alternative Method Of Entry Bonus, or as I call it, the mail-in bonus. There’s a full breakdown of how to create your mail-in entry on the sweepstakes rules page, and it’s important you follow the instructions carefully - I’ve had mail-in requests rejected here before because I used the wrong ink color!
It’s a simple case of handwriting a postcard with the requested message and unique identifying details, and posting it to MegaBonanza. If you got everything right, you’ll get a 4 SC mail-in bonus. You can’t send more than one postcard per envelope, but you CAN send off multiple separate entries.
When I signed up here, I also got a unique MegaBonanza referral code that I could give to my friends - I don’t have any though, so this program went to waste for me. You might do better though! There’s a two-tier rewards system where you can potentially get bonuses based on your friend’s GC purchases if they sign up using your link or code:
That’s potentially 130,000 GC and 65 SC you can get from referral bonuses for EACH referee which makes this one of the best programs of its kind that I’ve seen as US social casinos.
So, there is no MegaBonanza Casino real money gaming or deposits - this is a legitimate US sweepstakes casino that abides by the relevant regulations. Instead of real money, you’ve got Gold Coin and Sweeps Coin virtual currencies which you can get in loads of different ways such as the welcome bonus, daily login bonus, mail-in bonus, and referral scheme.
All you need to do now is to give this site a try for yourself, and I think that if you do, you’ll be impressed by the superb game collection and versatility of the MegaBonanza promotions. To get started, feel free to use any of the relevant banners I’ve put on this page and get signed up now.
No. Gold Coins at MegaBonanza are strictly for gameplay and they can never be redeemed for cash prizes. Additionally, you can never swap them for SC either. They are purely for your fun and entertainment.
This sweepstakes casino is only available in the US and you have to be over 21 to sign up. On top of that, it is prohibited in these states - Alabama, California, Connecticut, Delaware, Idaho, Kentucky, Louisiana, Maine, Maryland, Michigan, Montana, Nevada, New Jersey, New York, Ohio, Washington, West Virginia, Tennessee, Indiana, and Illinois.
Whenever I’ve purchased Gold Coin packages here, I’ve been able to use Visa, MasterCard, or Bank Transfer. I think this is an area for improvement and I would like to see other purchase methods added in the future.