Have you ever imagined what it would be like to become a millionaire overnight by playing casino games? Over the years, there have been a plethora of success tales about individuals who have won life-changing sums at casinos. And perhaps it is now your turn to triumph! Want to try your hand at Progressive Jackpots? If so, please read our guide and select a game from our tracker.
Understanding Progressive Jackpots
International Gaming Technology (IGT) introduced linked progressive rewards to brick-and-mortar casinos around the world in 1986. In the 1990s, when online casinos began sprouting up in virtually every corner of the web, the concept of progressive rewards had already garnered a great deal of traction and become immensely popular. Thus, jackpot games were ultimately introduced in a number of online casinos, sparking a MASSIVE wagering revolution.
What is the definition of a Progressive Jackpot?
Progressive Jackpots are featured in a variety of casino activities around the globe. This type of payout is associated with casino games that are interconnected and have a jackpot meter that serves to inform participants of the jackpot amount.
In general, progressive lottery games offer extremely generous rewards that frequently reach the thousands or even millions of dollars! How is this even possible? Well, each time a player places a wager, a certain wagering amount is deducted from the wager and contributes to the total jackpot amount. The quantity that each payout game contributes, even if it is the same game, varies from casino to casino.
Online Progressive Jackpots
In the realm of online casinos, progressive rewards function similarly to how they do in land-based casinos. Obviously, the only difference between the progressive rewards at brick-and-mortar casinos and those at online casinos is that the latter are linked to other online progressive jackpot games. Consequently, the reward amount is always accumulated online. Microgaming’s Mega Moolah slot game, Tunzamunni, Major Millions, Playtech’s Mega Ball, Safe Cracker, and Blackjack Progressive are among the most popular progressive jackpot titles.
Facts about the Progressive Jackpots:
Numerous diversions, including Slots, Keno, Caribbean Stud Poker, Blackjack, and Video Poker, offer progressive jackpots;
Progressive jackpots produce some of the greatest payouts;
A participant must wager the maximum amount to be eligible to receive a progressive jackpot.
The greatest payout ever won was $20,062,600 on Mega Moolah by Microgaming;
Who wins is determined purely at random.
With a Much Greater Prize, the House Advantage is Much Greater.
As you’ve undoubtedly already guessed, the house advantage increases proportionally with the size of the prize. Therefore, the odds of winning a progressive jackpot are significantly lower than the odds of winning an average Slots game. In fact, your chances of obtaining a progressive jackpot reward are comparable to your odds of winning the lottery.
Typically, when casinos offer progressive jackpots, the casino itself determines how much the reward will increase, so that if the jackpot is won, the casino will not lose a significant sum of money.
Due to the fact that there are typically thousands of players, the Progressive Jackpot amount that can potentially be won can equate to a substantial sum of money. Regardless of which progressive jackpot game you choose to play, the total payout amount is typically displayed on the game itself.
Top Four Progressive Jackpot Winners in Casino History
On January 20, 2013, an unidentified Finnish man in his forties earned a staggering $24 million (€17,879,645, $20,062,600, £13,209,300) while playing NetEnt’s Mega Fortune game. The 0.25 cent wager was unquestionably profitable, and the windfall victory is listed as a massive record-breaker.
Mega Moolah windfall gain of $17,200,000 Jonathan Heywood claims the Guinness World Record for the largest windfall gain. After playing Microgaming’s Mega Moolah on October 6, 2015, he strolled away with €17,879,645 ($20,062,600, £13,209,300).
$13,470,000 Mega Fortune WinOn a sleepless night in 2011, an unidentified Norwegian man decided to play the progressive jackpot game Mega Fortune and won a staggering $13,470,000 (€ 11,736,375). The individual who declined to disclose his identity is listed in the Guinness World Record book as the winner of the largest jackpot ever.
On November 28, 2015, a player named Alexander earned an extraordinary $9.57 million (€8.57 million) while playing Mega Fortune by NetEnt. The progressive jackpot winner, who was only 30 years old at the time, decided to pay off his mortgage, buy a new vehicle, and take a few vacations with his enormous win.
Games with Progressive Jackpots
Despite the fact that progressive jackpot slots are by far the most popular casino games on the Internet, there are other casino games with progressive jackpots. Included among these are Blackjack, Video Poker, Caribbean Stud Poker, Keno, and even Bingo! If you’d like to learn more about each progressive jackpot game, take a peek at the information provided below.
Progressive Progressive Jackpot Slot Games
In the world of windfall casino games, Progressive windfall Slots reign supreme. This may be due to the size of the jackpot displayed on the game’s jackpot meter, the variety of vibrant symbols, or a combination of both. There are various varieties of online progressive reward slots available to those who frequent online casinos. These include the independent progressive, the in-house progressive windfall, and the regional progressive jackpot. Check out the table below to learn about the various varieties!
Unlike other machines, the stand-alone progressive machine is not connected to any other machines. It adds the proportion of coinage wagered to the payout for the highest-paying winning combination.
In-House Progressive Jackpot In-house progressive jackpots are comprised of multiple machines linked to other slot machines owned by a single casino or a gambling corporation that owns multiple casinos. This progressive gambling machine’s jackpot could reach millions of dollars.
The Wide Area Progressive JackpotThe wide-area progressive slot machines are linked from multiple unrelated casinos managed by a single gambling corporation. The progressive slots payout that can be won in this variety of slots can transform one’s existence. Therefore, it is clear that progressive slot machines are worth a shot, as they offer a substantial payout. We are confident that you will appreciate these modern slot machines from the comfort of your own residences, while also earning substantial payouts.
How do progressive jackpot slot machines operate?
As time passes, progressive prizes at online casinos grow larger each time a dedicated slots player wagers. Generally, 1% to 5% of gamblers’ wagers are set aside and contribute to the overall payout. In general, the greater the number of players, the larger the jackpot. When playing a progressive jackpot slots game, there are three rewards available to be won. Typically, there are four distinct categories of jackpots, including Mega, Major, Minor, and Mini.
Blackjack Online is one of the most popular table games in both traditional casinos and online casinos. And while it’s always enjoyable to play the classic version of the game, it’s also a lot of fun to play the game in its progressive jackpot form, which gives you the chance to win a hefty sum. In order to be eligible to win this variation of blackjack, you must place a side wager. Typically, the average jackpot amount is between $124,000 and $125,000. However, you should be aware that the house edge of progressive blackjack games tends to be significantly higher than average.
Progressive Video Poker
Progressive Video Poker can be as lucrative and entertaining to play as its multi-reeled companion, Progressive payout Slots, despite the fact that the progressive payout amount in Video Poker is nowhere near that of Progressive Jackpot Slots. Remember, when playing Progressive Video Poker, that the probabilities do not change regardless of the quantity wagered or the size of the jackpot. To learn more about online Video Poker, please refer to our comprehensive guide, which explores the various variants and their respective rules and strategies.
Poker Progressive Caribbean Stud
Some NetEnt casinos also offer Progressive Caribbean Stud Poker, which provides the chance to win the Major payout when wagering the maximum amount. The poker-based casino game can be tremendously entertaining for gamblers and puts a fun twist on poker with the possibility of winning a large reward, despite its lack of popularity. If you’re interested in learning more about this captivating game, you should visit our Caribbean Stud Poker online guide.
If you enjoy the lottery-based game of chance, Keno, you’ll probably enjoy the Progressive Jackpot version of the game, which is available at some Netent online casinos. Remember that if you wish to win the sweepstakes, you must wager the utmost amount. To learn more about Keno Online, please refer to our detailed guide.
If you are a major admirer of Bingo, you’ll be pleased to learn that there is also progressive jackpot Bingo! Typically, the total award is accrued from numerous smaller Bingo games, and prizes can frequently reach into the thousands. Essentially, the progressive jackpot game is played identically to all other Bingo Online games, with the exception that you must meet a specific set of requirements in order to qualify and win the enormous prize pool.
Tips for Winning a Progressive Jackpot
Therefore, after reading about progressive lotteries, you may be pondering, “How do I win a progressive jackpot?”Since online progressive jackpot games, like other casino games, use Random Number Generators (RNG) to generate successful outcomes, there is no answer to this query. In addition, each progressive game has its own set of regulations. This is especially true when playing slots games with progressive jackpots.
Although there is no actual strategy you can employ when playing a progressive jackpot game, you should always keep in mind that you must wager the maximum amount to be eligible for the progressive jackpot.
Top Tips for Progressive Jackpot Gamblers
1) Select a jackpot game with an exceptionally high jackpot.
Prior to wagering your entire bankroll on a single progressive jackpot game, you should select a jackpot game with a sizeable payout rather than one with a small jackpot.
2) Always read the minor print and regulations
Okay, we’re all human, and occasionally we have a tendency to overlook certain details. And when purchasing a product or participating in an activity, we frequently disregard the game’s rules and fine print. Well, when it comes to progressive prizes, as well as any other casino game, there will always be a few variations in how the game is played. Additionally, there are various terms and conditions that must be read.
3) Maintain your budget
As stated numerous times, you should always set a budget and adhere to it at all costs. Otherwise, you may find yourself consuming instant noodles for the remainder of the month.
4) Select a game with a high return percentage
Always choose a progressive jackpot game with the largest jackpot. This will ensure that you increase your odds of obtaining the jackpot. As you search for a large progressive jackpot, verify that it is featured at the highest-paying online casinos.
5) Utilize our progressive jackpot tracker to identify the Top Jackpots Game.
If you’re looking for the largest Progressive Jackpot to play, you’ll be happy to know that we’ve set up a tracker on the right-hand side of this page to assist you in your search. But before you go on to play, we recommend that you read up on progressive jackpots and learn how they operate, the various types of games, your possibilities of winning, and the most popular online games!
6) Be wary of the policies
When playing a progressive jackpot game, you should pay particular attention to the game’s policies and those of the online casino you’ve chosen to play at. Even if you’ve won, you’ll find that many casinos impose weekly withdrawal limits on a regular basis. For instance, an online casino may limit weekly withdrawals to $10,000. This can be especially aggravating if you win a multimillion-dollar windfall while playing a progressive jackpot slots game and are forced to receive the entire amount in installments over ten years.
Providers of Progressive Jackpot Software
Since the introduction of Progressive Jackpots to the online gaming industry, numerous online software developers have begun to create their own. Progressive jackpots from Microgaming, Net Entertainment, and Playtech, among others, are among the most played games of this sort that are broadly available on the Internet. Due to the fact that each supplier must adhere to its own regulatory jurisdictions, licensing agreements, etc., not all casinos will offer the same games.
Progressive Microgaming Jackpots
There are over 15 progressive reward games offered by Microgaming. Mega Moolah is one of the games produced by the casino software developer. However, there are a vast number of other noteworthy titles. These include Mega Moolah, Major Millions, Tunzamunni, and Treasure Nile, among others.
Playtech Progressive Progressive Jackpots
Playtech provides the largest selection of progressive reward games among casino software providers, with over 30 titles under its reputable name. Beach Life, Gold Rally, and Mega Ball are a few of their finest titles.
Progressive Jackpots from NetEnt
NetEnt is primarily recognized for its vibrant, engaging, and interactive slot games, and its progressive prize games do not disappoint. Among its most notable Progressive Jackpot Slots titles are Mega Fortune Dreams Mega, Arabian Nights, and Hall of Gods Mega, to name a few.
FAQs on Progressive Jackpot
How is a progressive jackpot won?
To be eligible to win a progressive jackpot, you must wager the maximum amount each time you select the “Spin” icon. Progressive Jackpots offer the opportunity to earn large sums of money at online casinos. If a game specifies that the maximum wager is three coins, you must always wager three coins in order to qualify for the Progressive Jackpot. If you want to be in the running to win a massive amount of money while playing this type of slots game, you must wager a certain number of credits (which varies depending on the casino you’re playing in) and hit the best possible combination of symbols in a progressive slots game.
How do progressive jackpots get paid out?
To be eligible to win a progressive jackpot, you must wager the maximum amount each time you select the “Spin” icon. Progressive Jackpots offer the opportunity to earn large sums of money at online casinos. If a game specifies that the maximum wager is three coins, you must always wager three coins in order to qualify for the Progressive Jackpot.
If you want to be in the running to win a massive amount of money while playing this type of slots game, you must wager a certain number of credits (which varies depending on the casino you’re playing in) and hit the best possible combination of symbols in a progressive slots game.
How frequently are progressive lotteries won?
Progressive jackpots are not won as frequently as standard jackpots. On average, progressive reward games such as Mega Fortune are won once every five to eleven weeks.
What is the largest progressive reward available?
The online casino game with the largest progressive jackpot is Mega Moolah, which has four jackpots attached. The game with the second-largest jackpot is Mega Fortune, which is also one to watch out for. The game features three progressive rewards, and its cumulative jackpot amount has reached a staggering €17.8 million!
What is Mega Moolah?
Microgaming’s Mega Moolah is a wildly popular Progressive Slots game. The game with five reels and twenty-five pay lines has awarded some of the largest jackpots in the history of online casinos. If you want to attempt your luck at winning one of its enormous jackpot rewards, you should play the game at one of the Microgaming online casinos.
Play Progressive Jackpots today and win!
There is nothing in the world that has the potential to give you the same thrill as winning a progressive windfall that can reach thousands or even millions of dollars, if you’re fortunate. Want to feel the thrill of winning big? In that case, take a peek at our list of the finest casinos with progressive jackpots to determine where you should play.