A slot machine enables the selection of one or more symbol positions in a symbol matrix to provide additional and/or enhanced awards ("Lucky Spot"). The preferred embodiment of the present invention offers a new "wandering" wild symbol with an associated multiplier value, as follows: During each spin, the slot game randomly selects one of fifteen symbol positions as the Lucky Spot; A multiplier value is associated with the Lucky Spot from within a range of 2 to 5; The Lucky Spot and associated multiplier value are then displayed in the symbol matrix in the selected symbol position; After each spin, the slot game issues Lucky Spot awards based on the winning combinations using the Lucky Spot; and Alternatively, the Lucky Spot concept can also be implemented in various alternative methods.