Our review of Medallion Megaways cuts through the marketing and looks at what matters: how it plays and how it pays. Fantasma Games are the team behind it, tuning the release for very high volatility, with an RTP of 95.4%. It first went live in 2017 and still earns its place today. You get a Megaways grid where the reel heights shift on every spin, all finished with a clean, modern look. Top wins are capped at 1,233,000x your stake, a genuinely massive ceiling for the patient. But is it actually worth playing? Read on.
Written by James Holloway · Last updated: March 2026
This slot, Medallion Megaways, is the work of Fantasma Games. Presentation-wise it's given an engaging visual treatment, and it leans toward very high variance at a published RTP of 95.4%. Under the hood you'll find a Megaways grid where the reel heights shift on every spin.
Where Medallion Megaways earns its keep is the feature set. The Megaways engine reshapes the grid on every spin, so no two rounds play out quite the same. The very high volatility means patience is rewarded — expect quiet spells broken by bigger hits. All told, it's a solid entry in the Fantasma Games catalogue.
At 95.4%, the RTP is slightly below the industry average of ~96%. While this is typical for many popular slots, players should be aware of the slightly lower theoretical return.
Very high volatility delivers the most extreme payout profile — long dry spells punctuated by potentially massive wins. Only recommended for experienced players with substantial bankrolls and high risk tolerance.
About 1 in 3 spins results in a win. This is a moderate hit frequency that balances win frequency with payout size.
Medallion Megaways features scatter symbols that can trigger free spins rounds. Landing the required number of scatter symbols anywhere on the reels activates the free spins feature, giving you extra chances to win without additional bets. During free spins, special modifiers may apply to boost your winning potential.
This slot uses the popular Megaways engine, which means the number of symbols on each reel changes with every spin. This creates up to 117,649 ways to win on each spin, making every round unpredictable and exciting. The dynamic reel layout ensures no two spins feel the same.
3.2 / 5 — Good
Medallion Megaways by Fantasma Games is a solid offering that delivers good entertainment value. The 95.4% RTP combined with very high volatility creates a well-balanced gaming experience.