Progressive Jackpot

A Progressive Jackpot is a Jackpot slot game which increases each time a wager takes place on the Progressive Slot game. As a result, the jackpot prize continues to grow until it’s won.

Ultimately, once the Progressive Jackpots won, the jackpot resets itself to a predetermined value and resumes increasing under the same rule.

Usually, players who place the maximum bets per play are usually the lucky recipients of the Progressive Jackpot. The best way to describe a Progressive Jackpot is by comparing it to a lottery game, and they are the slot equivalent thereof.

Like in a Lottery game, the size of the prize increases from draw to draw until someone wins, so it the same theory.

How Do Progressive Jackpots Work

Progressive Jackpot slots usually take a portion of each bet wagered which contributes to the overall Jackpot pool, which includes multi-level side jackpots.

As most online progressive Jackpots form part of a network, it means that when several players are playing for example, Mega Moolah Jackpots by Microgaming or Fire Blaze Jackpot slots by Playtech at the same time, they will all contribute to the same jackpot pools.

Furthermore, there is also the other case scenario, where you will have linked jackpots across multiple titled slots within the same slots series.

Due to this, linked jackpots are becoming extremely popular and good examples are:

  • Fire Blaze Slots by Playtech
  • Mega Moolha Jackpots by Microgaming
  • Age of the Gods by Playtech
  • Kingdoms Rise by Playtech

The Biggest Online Jackpot Payouts

An anonymous Android mobile player won the biggest Progressive Jackpot on Mega Moolah in September 2018. His staked was a mere $0.75 and less than 50 Spins later he became an instant millionaire winning the grand jackpot prize of €18.9 million.

Mega Moolah has been responsible for many a life-changing experience. Jon Heywood who won €17.9 million in 2015.

As a result, he earned a Guinness Book of Records title for the most significant online Progressive payout.

Other massive payouts include that have paid huge sums of money include the following Jackpot Slots:

  • Mega Fortune
  • Beach Life
  • Hall of Gods
  • Arabian Nights

Types of Progressives

Finally, there are three types of common Jackpots, and they are:

  • The in House: This is a group of linked online slots dedicated to a single online casino.
  • The Stand-Alone: A Stand Alone Progressive is a Jackpot slot that is not linked to any other game with a fixed jackpot prize.
  • The Wide Area: The Wide Area jackpots are linked to multiple online casinos.

Top Progressive Slots

  • Mega Moolah.
  • Fire Blaze Jackpots.
  • Major Millions.
  • Hall of Gods.
  • Mega Fortune.
  • Beach Life.
  • Jackpot Giant.
  • Aztec’s Millions.
  • Arabian Nights.
  • Millionaire Genie.
  • Funky Fruits.

Best Progressive Jackpot Casinos

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Conclusion

Progressive Jackpots are the stars of the online casino industry, and casinos give a reasonable percentage of their profits towards increasing the prize pool. Therefore, they generate a substantial income for the casinos and have elevated the way slot machines are viewed in online and land-based casinos.