Police were alerted when a man walked passed them struggling to carry a black rucksack.
The 35-year old tried to evade their attention but the two officers soon caught up with Stephen Cross.
And when they opened his bag they found £1,000 of pound coins and £800 of other coins.
Cross told the police he was taking his savings to the bank but they did not believe him.
And a further search revealed that the rucksack also contained home made tools and a collection of keys they said were used to break into gaming machines.
Cross of George Street, Blackpool was found guilty of going equipped to steal from slot machines. He also admitted possessing cocaine and cannabis when he appeared before Blackpool Magistrates.
Pam Smith, prosecuting, said: “When Cross was interviewed by police he said he was taking the money to the bank on late night banking.
“He said he needed the tools because he needed to free his bike which he had padlocked to a fence but he had lost the key.”
Steven Townley, defending, said: “My client does have issues with drink and drugs.”
Cross was placed on a 56 day curfew and 12 months supervision.