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5 Lions Megaways 2 Slot Review and Demo: RTP, Volatility and a 8,000x Max Win

5 October 2026 · 8 min read
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Play the 5 Lions Megaways 2 demo for free

Try the 5 Lions Megaways 2 demo below before you read the review. It is a free slot you can play for free with no real money at stake, so it is a safe way to try before you play for real. 18+ only.

5 Lions Megaways 2 by Pragmatic PlayFullscreen

5 Lions Megaways 2 is the sequel to Pragmatic Play’s lion dance Megaways slot, released in February 2025. It has six reels, up to eight rows and up to 262,144 ways to win, with wild multipliers, a free spins mode choice and a maximum win of 8,000x. You can play the 5 Lions Megaways 2 demo for free at the top of this page.

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This review covers the RTP versions reported, the volatility rating, the 8,000x maximum win in pounds, the ways to win figure that sources give two ways, the free spins and buy options, and the hit rate figures that only one source gives. It sits with our Pragmatic Play slots hub, and it follows our 5 Lions Megaways review.

5 Lions Megaways 2 at a glance

Detail Figure
Provider Pragmatic Play
Released 27 February 2025 (one source, another says February 2025)
Layout 6 reels, 2 to 8 rows, up to 262,144 ways (some sources say 117,649)
RTP 96.50% (95.50% and 94.50% also reported)
Volatility High (5 out of 5)
Maximum win 8,000x the stake, up from 5,000x
Stakes From 0.20, with a top stake of 240 or 600 with the ante bet
Bonus buy Reported, with a buy feature and ante bet
Max win probability About 1 in 615,385 spins (one source)
Hit frequency About 21.32% (one source)

Overview

The sequel grows nearly everything. Sources say it adds more ways to win, higher multipliers on wilds, more bonus choices and a bigger max win of 8,000x against 5,000x in the first game. One review calls it clearly superior to the original because of that bigger cap and more rewarding features.

Not every reviewer is thrilled. One lists a low potential for a Megaways slot among the cons, and another says the high volatility can be confusing. A player who tried it for real money says the features are limited and that the hit rate is higher to compensate.

How to play and stakes

The game is played on six reels with the Megaways engine, with up to eight rows. You win by lining up three to six matching symbols on adjacent reels starting from the leftmost reel, and winning symbols tumble away so new ones can drop in. Sources give up to 262,144 ways to win, and two sources say 117,649, so we have used the larger figure as the headline.

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Stakes start at 0.20 and run to 240 according to most sources. The ante bet raises the top stake to 600, and one source gives £5 as the top UK stake. Check the game information screen at your casino for the limit that applies.

RTP and the versions you may meet

The top RTP is 96.50%, which most sources agree on. Two sources list lower versions of 95.50% and 94.50%, and two others quote 95.5% as the RTP. One catalogue calls it a configurable range.

Operators can choose which version to run, so the percentage you see here is a reference point and not a promise about the version at your casino. The RTP describes the long-run return across a very large number of spins and tells you little about a short session.

Volatility

Every source that gives a rating says high, and one gives 5 out of 5. We treat it as a high-swing slot, and one review warns that the high volatility can be confusing and the RTP is configurable. Another says you will need patience and a decent bankroll.

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If you prefer frequent small returns, this is probably not the slot for you, although the reported hit rate below suggests small wins land often.

Max win and what it is worth in pounds

Every source we checked gives the maximum win as 8,000x the stake, up from 5,000x in the first game. One source puts the chance of reaching it at about 1 in 615,385 spins, which we could not confirm elsewhere. One casino listing converts the cap into 4,800,000 on the 600 ante bet stake.

In pounds, 8,000x is £1,600 on a 20p stake, £8,000 on a £1 stake and £40,000 on a £5 stake. That is simple multiplication, not a figure from the studio.

Free spins, wild multipliers and mode choice

The free spins let you choose a mode, as in the first game, and sources list Free Spins Mode Choosing, Free Spins Multiplier and a random multiplier. One catalogue mentions Super Free Spins and Max Free Spins as modes, and another says the selection of bonus choices has grown. We did not find a verified table of spins and multipliers, so we have left the numbers out.

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One source describes the wild multipliers as higher than the first game, but gives no values.

Bonus buy and ante bet

Sources say a bonus buy and an ante bet are available, and that the ante bet raises your top stake to 600. No cost was given in the sources we checked, so we do not state one. Availability and cost can vary by casino and region, so check the game information screen.

Symbols and paytable

The game keeps the Asian theme, with a lion wild and animal and card symbols, according to one source. We have not given paytable values, because the sources we checked do not publish them in a form we could verify. The paytable inside the game is the reliable source for symbol payouts at your stake.

Hit frequency and win rate

One source gives a hit frequency of 21.32%, which is roughly one spin in five, and a bonus round frequency of about 1 in 420 spins. No second source confirms either, so treat them as indicative.

These are long-run averages. They do not predict what the next hundred spins will do.

Is 5 Lions Megaways 2 enjoyable? Our verdict

5 Lions Megaways 2 is a good fit for players who liked the first game and want a higher cap and more bonus choice. The 96.50% RTP is solid, the 8,000x cap is better than the original’s and the mode choice lets you tune the risk. It is still modest for a Megaways slot, and the volatility is high, so try the demo first.

If you want to start with the first game, read our 5 Lions Megaways review. For a Megaways slot with a huge ceiling, try our Buffalo King Megaways review. Gambling should be fun and 18+ only. Set limits before you play.

Pros and cons

Pros

  • A higher 8,000x max win than the first game.
  • Free spins mode choice with multipliers.
  • A 96.50% RTP.

Cons

  • Still modest for a Megaways slot.
  • High volatility with a configurable RTP.
  • Sources disagree on the number of ways.
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5 Lions Megaways 2 FAQ

What is the RTP of 5 Lions Megaways 2?

The top version is 96.50%. Two sources list 95.50% and 94.50%. Operators can choose which version to run, so check the game information at your casino.

How volatile is 5 Lions Megaways 2?

High, and one source gives 5 out of 5.

What is the maximum win on 5 Lions Megaways 2?

8,000x the stake. That is £8,000 at a £1 stake and £40,000 at a £5 stake.

How many ways to win does 5 Lions Megaways 2 have?

Up to 262,144 according to most sources, and 117,649 according to two.

What are the stakes on 5 Lions Megaways 2?

From 0.20 to 240, or 600 with the ante bet. One source gives a top stake of £5.

How do the free spins work?

You choose a free spins mode, and sources mention Super Free Spins and Max Free Spins. We did not find a verified table.

Is there a bonus buy on 5 Lions Megaways 2?

Yes according to sources. No cost was given in the sources we checked.

How often does 5 Lions Megaways 2 pay?

One source gives a hit frequency of 21.32% and a bonus about once in 420 spins.

How likely is the 8,000x max win?

One source gives about 1 in 615,385 spins. It is unconfirmed.

When was 5 Lions Megaways 2 released?

27 February 2025 according to one source, and February 2025 according to another.

Can I play the 5 Lions Megaways 2 demo for free?

Yes. The 5 Lions Megaways 2 demo at the top of this page is free to play and uses no real money. It is for over-18s only. A short demo session tells you little about the long-run return that the RTP describes.

Is there a free play version of 5 Lions Megaways 2 for UK players?

The free demo above is the free play version, so you can try before you play for real. Check the game information at your casino for the RTP version and stake limits that apply to you.

How we checked the figures

  • RTP, volatility, max win, ways, stakes and features: SlotCatalog, Casinos.com, AboutSlots, SlotsLaunch, Adventure Gamers, Stake, Slots Temple, FluffySpins, Beto and Clash of Slots game pages, compared for conflicts and read on 5 October 2026.
  • Hit frequency, bonus frequency and max win probability: AboutSlots only. Release date: Clash of Slots and Adventure Gamers.
  • Where sources disagree we say so. The Pragmatic Play game page was not used for any figure, so none is confirmed with the studio.
  • Maximum win in pounds is 8,000 multiplied by the stake.
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