Before you load Power of Merlin Megaways for real, spend a couple of minutes on how it genuinely performs. This is a Pragmatic Play slot game, sitting firmly in the very high volatility bracket and paying back an RTP of 96.24%. It's leaning into a magic aesthetic and plays out on a Megaways layout with up to 117,649 ways to win. Originally released in 2023, it has aged well. The maximum win sits at 4,000,000x, so there's serious upside on the table. Let's break down what works and what doesn't.
Written by Alex Crawford · Last updated: March 2026
This release, Power of Merlin Megaways, is the work of Pragmatic Play. Presentation-wise it's leaning into a magic aesthetic, and it leans toward a very high-variance maths model at a published RTP of 96.24%. Under the hood you'll find a Megaways layout with up to 117,649 ways to win.
Dig into the bonuses and Power of Merlin Megaways starts to stand out. The Megaways engine reshapes the grid on every spin, so no two rounds play out quite the same. With very high variance, this one is aimed at players who can ride out the swings for the top wins. On balance, Power of Merlin Megaways is a dependable option worth a few spins in the demo first.
The RTP of 96.24% is right around the industry average of ~96%. This represents a fair return that's in line with what most modern slots offer.
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.
Power of Merlin 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
Power of Merlin Megaways by Pragmatic Play is a solid offering that delivers good entertainment value. The 96.24% RTP combined with very high volatility creates a well-balanced gaming experience.