Everything You Need To Know About Progressive Jackpot Slots

If you are a seasoned slot player or just starting, you may have heard about progressive jackpot slots. You could be torn between playing traditional slots and those with potentially life-changing progressive jackpots. Moreover, you have come to the correct spot if you wonder, “how do progressive jackpots work?”

Choosing the best casino slots from among the hundreds that are easily accessible online may sometimes prove to be a difficult challenge. Are you now prepared to learn all there is to know about progressive jackpot slots? Make yourself comfy and follow along with us as we explore this topic in more detail using this guide.

Progressive Jackpots: What They Are?

The term “jackpot” refers to the biggest prize you can win! So if you hit the jackpot, you’ll take home a huge payout. A progressive jackpot is an excellent feature in some games where it gets bigger every time someone plays until someone finally wins it! So even if nobody has won it, it’s still growing and could be won anytime. Once the progressive jackpot has been won, it resets to a predetermined value, and the exciting cycle begins again.

Did you know you can play progressive jackpot games online and in person at land-based casinos? It’s a great way to try your luck and win big! Suppose you’re interested in playing progressive jackpot games. In that case, it’s essential to remember that most of them require you to place the maximum bet to be eligible for the total jackpot amount.

To win the progressive jackpot, you must ensure you’ve wagered the correct amount and hit the required combination or hand. You must meet both criteria to be eligible for the progressive jackpot.

Types of Progressive Jackpots

There are several types of progressive jackpots. These are:

Stand-Alone Progressive

The Stand-alone Progressive slot machine jackpot has a unique feature. Unlike other progressive machines, it doesn’t share its jackpot with other machines. So, if you hit the jackpot on this machine, you get to keep all the winnings for yourself! Stand-Alone Progressive machines have a fixed jackpot amount that doesn’t change based on other players’ bets. The combination of symbols winning the highest payout will receive a percentage of the coins wagered and added to the jackpot. The Stand-Alone Progressive machine has a front meter displaying the current jackpot.

Wide Area Progressive

If you want to win big, check out the progressive machines. They offer some seriously life-changing jackpots! Several casinos have set up a network of these machines, and a third-party contractor handles their management. The casino only gets a portion of the winnings. The progressive jackpot prize is enormous, but it’s also pretty tough to win.

In-House Or Proprietary Progressive

The Progressive machines in your house or office have several devices that work together. Those machines are owned and run by the casino. You won’t walk away with millions of dollars even if you hit the progressive jackpot on one of these machines. When it comes to winning, In-house or Proprietary Progressive machines have the best odds compared to wide-area progressive jackpots.

The Working of Progressive Jackpots

So, are you searching for how to play progressive slots? First, you need to know that you’re trying to land a winning combination by spinning the reels when you play a slot machine. Slot machines use a random number generator to determine whether you win or lose, so there’s no way to predict the outcome.

But with progressive jackpot slots, there’s an extra exciting feature. Whenever someone plays the game and places a bet, a small percentage of their wager is added to the progressive jackpot contribution pot. This means that the jackpot grows bigger and bigger over time until one lucky player lands the winning combination and takes home the entire jackpot.

Once the jackpot is won, it resets to a predetermined level, and the process starts again. It’s a fun and exciting way to play slots because you never know when the next big jackpot win might happen!

When playing progressive slots game, a small portion of each bet made by players goes towards increasing the jackpot amount. The specific percentage can vary depending on the game and casino.

Seed

As for why the jackpot never starts from zero because there is always a starting amount called the “seed,” provided by the casino; this seed amount can vary depending on the game and casino. When a player wins the jackpot, the amount is reset to the seed amount and accumulates again as players continue to make bets.

Contribution

Essentially, the contribution from each player bet adds to the existing jackpot amount, while the seed ensures that the jackpot amount always starts from a certain minimum amount.

When someone wins the jackpot, it returns to the starting amount and grows again as more people bet. This means that the jackpot could get very big over time, especially if the game is widespread and many people play it and put money into the prize pool.

How Possible Is It To Win A Progressive Jackpot?

A progressive jackpot is a type of jackpot that gets bigger every time someone plays the game but fails to win the top prize. The jackpot amount grows until someone finally hits the winning combination and takes home the entire sum.

The odds of winning a progressive jackpot can vary depending on the game you’re playing and the jackpot size. Unfortunately, the odds of hitting a progressive jackpot are generally relatively low. For example, if you’re playing a slot machine with a progressive jackpot of $1 million, the odds of hitting that jackpot might be something like 1 in 10 million or even 1 in 20 million. But someone has to win eventually.

How to Win Progressive Jackpot?

Before knowing further, it’s essential to know that your chances of winning a progressive jackpot may be affected by other factors, such as the size of your bet. Sometimes, you may need to bet the maximum amount to be eligible for the top prize. This can boost your chances of winning but also means you’ll need to risk more money in the process.

Overall, winning a progressive jackpot is a long shot. However, if you’re fortunate and want a chance, go for it! Who knows, you may be the next big winner!

Largest Jackpot Payout

An online slot game holds the Guinness World Record for the largest jackpot payout.

The first game immediately comes to mind when you think about progressive jackpots is Microgaming’s Mega Moolah Jackpot Slot. The game has created several millionaires, and the number is increasing as more people attempt to win the jackpot. Records are being broken as more individuals try to become the following fortunate progressive jackpot winners.

Mega Moolah holds the record for the most significant and consistent progressive jackpot win, making it the top choice in this category. No other progressive jackpot can compete with its size and consistency.

In late April 2021, a Belgian player won the Mega Moolah jackpot of €19.4 million while playing the Absolutely Mad: Mega Moolah progressive slot, breaking the previous jackpot record. Microgaming launched the Alice in Wonderland-themed Mega Moolah slot in May 2020, making it one of the newer progressive slots online.

Since its release, this progressive slot game has paid more than €46 million in total winnings. The majority of these payouts have been over €500,000.

The Best Jackpot Progressive Slots

Have you heard about the latest Mega Moolah jackpot win? Someone just won an incredible €19,430,723.60! This lucky player hit the jackpot at Napoleon Sports & Casino, a popular online casino in Belgium. It’s incredible how much this win could change someone’s life! This casino is known for giving out huge jackpot prizes. One lucky player won an incredible €2,025,388.75 while playing the Sherlock & Moriarty Wow Pot slot, also created by Microgaming. This record-breaking jackpot was won just a week after it was awarded.

One great thing about Mega Moolah progressive jackpot slots is that regardless of the jackpot size, the highest payout will always be given as a lump sum. This is a notable feature that sets it apart from other slots.

Which Games May Offer Progressive Jackpots?

Many casino games, whether played online or offline, offer progressive jackpots, which players widely prefer. A progressive jackpot is a type of jackpot where a small percentage of each player’s bet is added to a larger jackpot pool. This pool keeps growing until a player wins the jackpot by hitting the winning combination or meeting the specific conditions required to trigger the jackpot.

Types Of Games

Below are the most popular type of games that can have progressive jackpots:

1. Slot Machines – Possibly the most popular form of a game with progressive rewards is progressive jackpot slot machines. Every time a player rotates the reels, a portion of their wager is added to the jackpot pool. Progressive slots can either be solitary machines, in which case the payout is attached to a single machine, or they can be connected to a network of machines, in which case the jackpot increases across multiple casinos.
2. Video Poker – Video poker is a well-liked casino game with progressive rewards. Players can win the progressive jackpot by achieving a royal flush in a particular game variation. As with slot machines, the payout can be linked to a single machine or a network of machines.
3. Table Games – Some table games, like Caribbean Stud Poker, also have bigger jackpots as more people play. Players can make a side bet in this game and join the increasing jackpot. The player must get a sure hand, like a royal flush in spades, to win the jackpot.
4. Bingo – Bingo games are also often played with progressive jackpots. In this case, people buy cards with numbers on them. As more people buy cards, the sum grows. The jackpot goes to the first person who makes a particular design on their card.
5. Online Games – Online casinos have many games with increasing online progressive jackpots, including slots, table games, and even unique games like scratch cards. Like their offline versions, these games work the same way online. A piece of each player’s bet goes into the bonus pool.

Which Game Is Right To Play Progressive Jackpot Slots?

If you’re considering playing a video poker game with a progressive jackpot, it’s essential to compare the paytable of the progressive machine with a non-progressive one. In general, the non-progressive machine will offer better odds. However, the progressive jackpot can sometimes become large enough to make the game profitable.

Several table games feature progressive jackpots, such as Caribbean Stud Poker, roulette, and Let it Ride. Typically, these games have a side bet option where players can choose to contribute to the progressive jackpot.

It’s up to each player whether they want to place the side bet, and some casinos even tie multiple table games to the same progressive jackpot to increase the jackpot amount faster. Remember that while progressive jackpots can offer big payouts, they come with higher risk and lower odds.

Popular Progressive Jackpot Games

We’ve created a helpful table showcasing some of the most well-liked games you can find online and in brick-and-mortar casinos. Take a look! The jackpots for these games are constantly changing! This means that the popularity of the games can go upward or down depending on how much the top payout is at any given time.

There are hundreds of more progressive jackpot games available for you to try, so don’t worry if you don’t find anything you like in this list. If you take a moment to look around your preferred casino, you’ll discover a variety of thrilling alternatives to explore.

Conclusion

In terms of playing online slots, progressive jackpots have grown trendy. Due to their massive prize numbers, games like Mega Moolah have turned a lot of players instantly millionaires.

One great thing about progressive jackpots is that they rely solely on luck, making them an exciting and unpredictable way to win big. You can win the jackpot without placing large bets. You can win big and become a millionaire with just a few cents. Have you tried playing progressive jackpot slots online yet? They can be fun and offer the chance to win big prizes. Give them a try! Good luck! I hope you have a successful outcome.

FAQs About Progressive Jackpot Games