If you are new to the world of online gambling, chances are you’ve played video slots and you’ve heard of progressive jackpots — after all, they are the most popular type of games in any online casino out there. You can separate video slots in several categories and differentiate among them by the number of reels, number of paylines or whether they are non-progressive or progressive slots.
What Is a Progressive Jackpot?
Progressive jackpots are usually the biggest that can be won at online casinos. This is because, as their name suggests, they get progressively bigger as more people play, usually with no maximum limit. Whenever a person plays a slot or other game with a progressive jackpot, more money is added each time they play. With millions of online casino players online at any given time, these progressive jackpots can reach staggering amounts in just weeks. Most progressive jackpots will be at least six figures, with many more being millions of pounds or euros just waiting to be won!
At one point, a lucky winner will strike it rich by landing one of these massive jackpot prizes simply by playing the game. When that happens, the jackpot prize is reset and starts to grow once again. This gives players a good indication of how much the jackpot prize could grow in the future, and maybe influence their decision to play the game more or less often, depending on the size of the prize up for grabs.
Some players believe that each jackpot has a specific ‘tipping point’ that, when it is reached, will pay out. This tempts those players to only play certain slot games at certain times when a jackpot prize has hit a specific amount. However, most games’ jackpot prizes are triggered randomly and there is thought to be no set minimum or maximum amount a jackpot prize has to reach in order for it to be paid out to the lucky winner.
Multiple Progressive Jackpots
This thrilling experience gets players really excited with the added element of a chance right at the end of the game. The different progressive jackpots within each multiple progressive jackpot
Certain games come with what’s known as a fixed jackpot. Fixed jackpots are prize amounts that do not go up or down like fixed jackpot prizes but simply stay as there are no matter what players are doing. These prizes are usually smaller than those of progressive jackpot games but are typically said to be easier to win. The money you can usually win with fixed jackpot games may not be the life-changing sums up for grabs on the progressive jackpot games, but they are not to be sniffed at either.
Many prizes can be worth hundreds of thousands to the lucky winners. The vast majority of online slots will come with fixed jackpot prizes as this is the fixed amount that any player of the game can win. If a game is not designated as a progressive jackpot game, you can be sure that you are playing for a fixed jackpot prize.
Are Progressive Slots Connected?
Software providers usually connect their progressive slots — they will link several machines that share the information among them in order to accumulate the prize pool. There are three different ways for video slots to generate a jackpot. For example, a progressive slot can be a standalone machine. Granted, a progressive slot of this type pays out more frequently, but the amount you can win is a lot smaller because there is only one machine that contributes to its prize pool.
When it comes to casinos, operators can choose to link several titles across a casino, or even across multiple casinos if those casinos fall under their umbrella, in order to provide a bigger payout. Naturally, the odds of winning may be slightly lower compared to the standalone machines, but the prize pool is significantly higher in return. Keep in mind that certain operators include the ‘Must Pay Until XX’ rule in their progressive titles; this means that the video slot is guaranteed to award a jackpot before the timer expires. Depending on the casino’s setup, they can end up landing daily, weekly or during any other time period specified by the operator.
The biggest progressive wins out there are the ones that come from a specific slot. For example, a software provider includes one or more of them in the design of their slot, and then they distribute that slot to dozens of casinos. As long as you are playing that specific title, regardless of the casino you are playing in, you will have a chance to win that title’s main prize.
Some progressive slots even feature multiple progressive jackpots, and the amount that they reward is usually displayed at the top of the video slot’s interface. Naturally, the amount will depend on the type of progressive jackpot, as well as the last time when someone has landed it. Regardless of the type, the same rule still applies — the bigger the prize pool, the smaller the odds of landing it.
How Do Progressive Slots Work?
There is nothing complicated when it comes to these slots — progressive slots work like any other video slot title out there. Unless they are minimalistic or purposely designed to have a retro look, all modern video slots come with bonus features. For example, they have free spins, features that can trigger on every spin, and so on. If you think about it, a progressive jackpot is nothing but an additional feature which you can trigger during your regular gameplay.
One thing to note when playing a progressive slot is that there are multiple ways to land a feature that either immediately awards the jackpot or presents you with a chance to win it. For example, some video slots require you to play with a maximum bet to become eligible for a chance to win it. Other slots, especially the progressive ones, require you to collect a certain number of symbols before you can either win it instantly or spin a wheel that awards it.
Since it all depends on the video slot title you are playing, the best advice we can give you is to check the slot’s paytable menu and see what are the terms for landing a progressive jackpot. It can help you optimize your strategy and may significantly impact your approach if you aim to win the biggest prize the slot offers.
The Biggest Ever Jackpot Wins
By now, you should have a general idea of how progressive slots work, how to land them and what is the difference between various types of progressive slots. Perhaps you have also found a winning strategy. However, if you are new to the world of video slots and don’t know where to begin, you’ll need a video slot title to test that strategy. So, what exactly are some of the video slots titles that are favoured by those chasing the life-changing lumps of cash?
Luckily for you, you’ve come to the right place! Let’s see how much you can win by playing some of the most rewarding progressive video slots by checking how much they paid out in the past.
Mega Moolah is a video slot by Microgaming, and perhaps one of the best-known video slots in the world. This title is famous for some of the biggest jackpots in the industry of online video slots, as well as for paying out frequently (every 17 weeks on average). The premium prize of this slot is also connected to several other titles by Microgaming, such as The Dark Knight, Mega Moolah 5 Reel Drive, Mega Moolah Isis and Mega Moolah Summertime.
At the time of writing this article, its current biggest one is just above £6,000,000 while the highest this slot ever paid was £13,230,200.
NetEnt didn’t make a mistake when deciding on a title for this one, as it can truly award you with a mega fortune. The current amount you can win by playing Mega Fortune is almost £2,500,000. However, what’s most impressive about this title is the highest paid out sum — £17,861,800. It is the highest amount ever won by anyone playing progressive slots.
It may seem that Net Ent is in the business of giving away money since Arabian Nights is another title by this provider that made our list. Its current main feature is around £1,700,000, while the highest one it paid out was £8,636,041.
Hall of Gods
If you prefer Viking-themed video slots, then this one is perfect for you. Another in line of NetEnt’s video slots, Hall of Gods has a current reward of almost £6,300,000, and the highest sum it paid out was £7,820,888.
This video slot by Playtech is as rewarding as it is visually appealing. Land 5 Wilds in a line and the highest prize this slot offers is all yours. Sounds simple, isn’t it? The current amount is close to £1,600,000, while the highest one ever paid out by this slot was £5,890,360.
Major Millions by Microgaming might not be able to boast with insane numbers as the other slots we included in our list, but it takes 10 weeks on average for a player to win its jackpot. The current one is slightly over £500,000 while the highest amount ever paid by this slot was £1,801,517.
Keep in mind that this is only an insight into what you can expect if you decide to play progressive video slots. All the numbers we’ve included are subject to change — the numbers continuously grow until someone lands the main prize and then they are reset only for the cycle to start anew.
How likely is it to win a jackpot?
Jackpot prizes are so big for a reason: they are usually quite difficult to win. Most players may never win a jackpot in their lifetime, while some very lucky players have hit the big money time and again. Of the two types of jackpots, there is no doubt that winning a progressive jackpot prize is harder to achieve. This is because of their sheer size and the number of players playing for just one prize on each game at the casino. But there is a reason that they are so popular with players.
Progressive jackpots are often life-changing sums of money that are won for very little in return. Some players have won millions from just a few Pounds or Euros. Besides this, a good percentage of the most popular slots come with progressive jackpots nowadays, so players can enjoy a great gaming experience while playing for a huge prize at the same time; it’s win-win.
If you want slightly better odds of winning a jackpot, fixed jackpot prizes are usually lower and stay fixed no matter what, until they are won. This means that they are typically easier prizes to win
Progressive Jackpot FAQs
How many progressive jackpot types are out there?
There are three different types of progressive jackpots; stand-alone, in-house and a wide area progressive one.
What are non-progressive slots?
Unlike progressive ones, non-progressive jackpots have a fixed amount. You will win the same amount each time you land a non-progressive one.
What casino game has the best chance of winning?
There is no specific rule as the chances are almost always the same. For example, you can win a progressive jackpot a day after or a day before someone else does. However, when it comes to in-house jackpots, some operators include time limits, and it is guaranteed to land before the timer expires.
What are the chances of hitting a progressive jackpot?
Chances for landing a progressive jackpot vary depending on the type of a jackpot. Some video slots have Mini, Mega and Major jackpots, for example. It is a lot harder to land the one with the biggest reward, but it also brings you more cash in the end.
How much can I win by playing video slots?
It depends on the type of jackpot and your timing (the longer the slot doesn’t pay out a jackpot the better), but to date, the biggest win ever was £17,861,800 on NetEnt’s Mega Fortune title.