Mirage To Give Away $1.6M

The Mirage in Las Vegas will shut down later this month - but it has some money to give away first.

The property, which ushered in a Strip megaresort development boom when it opened in 1989, is set to close on July 17.

But first it has to give away $1.6 million in unclaimed progressive jackpots from slot machines and table games.

Nevada law says progressive jackpots are an obligation to players and any remaining funds must be paid out before a casino closes.

For the slot machine jackpot giveaways - totaling $1.2 million - the Mirage will give away $200,000 in guaranteed winnings each day starting Tuesday through Thursday. On Friday and Saturday that jumps to $250,000. And on July 16, $100,000 will be handed out.

Separate giveaways will be held for the additional $400,000 in table game jackpots.

Read More on ABC News 7.