1. A wheel event for a wagering game comprising the steps of: displaying a wheel having an initial number of segments having associated awards, each of said initial segments having an initial size; initiating a wheel segment selection event; causing two or more of said segments to merge together, creating one or more combined segments having a size which is greater than said initial size of said two or more segments which were merged and causing said wheel to have a final number of segments less than said initial number of segments; aggregating awards of merged segments; and displaying a selected segment from said final number of segments and its associated award.