Discover How Progressive Jackpots Work. Increase Your Chances of Winning

How Progressive Jackpots Work

Introduction

The thrill of the slots can be a truly thrilling experience, especially when it comes to progressive jackpots. Progressive jackpots are an ever-increasing pot of winnings which grows each time a player contributes to the game. If you’re looking for ways to increase your chances of winning big on online slots, then read on to discover how progressive jackpots work and what steps you can take today to maximize your winning potential.

What is a Progressive Jackpot?

A progressive jackpot is a type of jackpot that increases each time someone plays, with the amount rising until someone wins. This type of slot machine game works in a very simple way whereby players contribute to the overall pot size and when all the criteria for winning is met, one lucky player takes it all! Progressive jackpot slots are available at many online casinos and can come in many different forms including linked slots, standalone progressives, and multi-level progressives.

How Do Progressive Jackpots Work?

Linked Slots

Linked slots are a popular type of progressive jackpot. Here, multiple slot machines or games in an online casino are all linked together so that when any one of the machines is played, a portion of the wager goes into the shared pot. The key to understanding linked slots is to keep an eye on how much has been contributed to the pot by players across all the connected games. The more people playing and contributing, the higher the jackpot amount becomes until it is won.

Standalone Progressives

A standalone progressive is a type of game which offers only one prize and does not link with other slot machines or games. As such, these types of games tend to have smaller pots compared to their linked counterparts but still offer potentially life-changing prizes.

Multi-Level Progressives

Finally, multi-level progressives are those games which offer several different jackpots. These slot machines usually come with a mini, minor, major and grand jackpot. As the name suggests, each of these progressive pots increases at different rates until someone wins the biggest prize; the grand jackpot!

The Contribution of Other Players

No matter what type of progressive jackpot you are playing on, it is important to remember that the size of the pot is determined by other players. It is only when a sufficient amount has been added to the pot that someone will win the grand prize! As such, it pays off to keep track of how many people are playing and contributing towards a particular pot so as to get an idea of how close you are to winning.

The Seed Amount

In addition to the money contributed by players, progressive jackpots also feature a seed amount. This is an initial sum of money which is put in place by the casino as an incentive for people to play and increase their chances of winning big.

What Are the Chances of Winning a Progressive Jackpot?

The chances of winning a progressive jackpot are slim, as the size of the jackpot continues to increase each time someone plays. This means that only when a significant amount has been added to the pot will someone win it all! However, this doesn’t mean that winning isn’t possible; with over 100 players contributing to the pot at any one time, your chances of winning are much higher than if you were playing alone.

What Happens if You Win a Jackpot Slot? 

Once you have won a progressive jackpot, it is important to remember that the entire amount must be paid out in one go. As such, it is common for casinos to pay out winnings in instalments so as not to overwhelm their players with an enormous lump sum of money.

Progressive Jackpot Winner Stories, and Biggest Wins of All Time

These lucky individuals have hit the jackpot and walked away with life-changing sums of money. One of the most famous progressive jackpot winners is a Finnish man who won over 17 million euros playing Mega Fortune, a popular online slot game. The lucky player only wagered 25 cents on his winning spin, making it an incredible story of sheer luck and fortune.

Another incredible story of a progressive jackpot winner is that of a British soldier who won over 13 million pounds playing Mega Moolah, another popular online slot game. The soldier had placed a bet of only 25 pence before hitting the life-changing jackpot. This story just goes to show that anyone can win big when playing progressive jackpot games, regardless of how much they wager.

The biggest wins of all time in the world of online gambling have been truly staggering. One of the biggest wins was recorded in 2015 when a lucky player from the UK won over 17 million pounds playing Mega Moolah. This is still the largest jackpot win in the history of online casinos. Another notable win was that of a Finnish man who won over 11 million euros playing Mega Fortune in 2013.

However, it’s important to remember that not all progressive jackpot wins are in the millions. In fact, many players have won life-changing sums of money with smaller jackpots. For instance, a player from Norway won over 300,000 euros playing Hall of Gods, another popular online slot game. This is still a significant amount of money that can make a huge difference in someone’s life.

How Do Casinos Pay Out Progressive Jackpot Wins?

Most progressive jackpots are paid out in one lump sum but some casinos may choose to pay out the winnings over a set period of time. Regardless of how it is paid out, the entire amount must be released to the winner in order for them to be able to access their winnings.

Tips For Progressive Jackpots Winning

Create a Budget and Stick to It 

It is important to set a budget for your gaming and stick to it. This will help you to stay in control of your gaming and prevent you from spending too much.

Set a Time Limit 

It is also important to set a time limit for each session so that you can better manage your playing habits. This will help you to stay focused on the game and ensure that you don’t become overwhelmed with excitement or disappointment.

Choose the Right Casino 

When choosing an online casino, it is important to choose one which offers a good selection of progressive jackpots as well as fair terms and conditions. This will ensure that when you do win, the pay-out will be quick and efficient!

Keep an Eye Out for Huge Jackpots 

Although the chances of winning a progressive jackpot are slim, it pays off to keep an eye out for games with huge pots. The larger the pot, the more likely it is that someone will win, so don’t miss out on these amazing opportunities!

Claim Casino Bonuses and Promotions 

Many online casinos offer attractive bonuses and promotions which can help increase your chances of winning. Remember to check out the terms and conditions before claiming these rewards but they can be a great way to boost your bankroll.

Play Overdue Jackpots

 It is always worth checking out the overdue jackpots as these are more likely to be won. Once a jackpot has gone over due, it will continue to increase until someone wins, so keep an eye out for these exciting opportunities!

Consider Max Bets 

When playing progressive jackpot slots, it is important to consider max betting. This will give you the best chance of winning as the maximum amount is usually what triggers the jackpot.

The Most Famous Progressive Jackpot Games

Mega Moolah by Microgaming 

Mega Moolah is perhaps the most well-known progressive jackpot game out there. With an incredible top prize of £13 million, it’s no wonder that this game is so popular! Other classic progressive slots include Mega Fortune by NetEnt and Jackpot Giant by Playtech.

Mega Fortune by NetEnt 

Mega Fortune is another hugely popular progressive jackpot slot and has been known to payout some of the biggest prizes in online gaming history. The game features a luxurious theme and offers several bonuses and free spins, making it an exciting game for all levels of players.

Jackpot Giant by Playtech

This classic from Playtech is one of the oldest progressive slots out there and still remains one of the most popular choices for players. With an incredible top prize of £6 million, this game is sure to keep you spinning for hours!

Sisters of Oz WowPot by Microgaming 

This game is the latest progressive slot from Microgaming and features a fun and exciting theme. The top prize of this game is an impressive £2 million, making it one of the most lucrative games out there.

Arabian Nights by NetEnt 

This classic game is a great choice for anyone looking to play a progressive jackpot. The game has an Arabian Nights theme and offers several bonuses and free spins, making it a great choice for all types of players. Plus, you can even win up to £1 million in this game!

Juicy Joker Mega Moolah by Just for the Win 

This game is the latest addition to the Microgaming portfolio and has an exciting fruity theme. With a top prize of £2 million, this game is sure to keep you spinning for hours!

Conclusion

If you’re looking to win big, then progressive jackpots are the way to go. With huge prizes and thrilling gameplay, these games can provide hours of entertainment and potential massive wins! Just remember to set a budget for yourself, keep an eye out for large jackpots, claim casino bonuses and promotions, play overdue jackpots as well as consider max bets when playing. Also be sure to check out some of the most famous progressive slots such as Mega Moolah, Mega Fortune, Jackpot Giant and Sisters of Oz WowPot.  ​

Progressive Jackpot FAQs

What is a progressive slot machine?

A progressive slot machine is a type of slot that offers a jackpot which increases with every wager placed on the game.

Do progressive jackpots grow after each spin?

Yes, with every wager placed on a progressive game, the jackpot increases until it is hit by one lucky player.

Who pays out progressive jackpot winnings?

The online casino or game provider is responsible for paying out any progressive jackpot winnings.

Are progressive games only available online?

No, there are also land-based casinos which offer progressive slots.

Can I play progressive games for free?

No, most of these games require players to wager real money in order to be eligible for the jackpot.

What are the odds of winning a progressive jackpot?

The odds depend on the specific game but generally speaking they are quite low. However, if you follow the advice mentioned above, your chances of winning will be increased dramatically

How do I get my progressive jackpots paid out at once?

Most online casinos will pay out progressive jackpot winnings in a lump sum. However, some may offer to pay it out in regular instalments.

How often do progressive jackpots hit?

It depends on the game and the jackpot amount. Generally speaking, large progressive jackpots tend to hit more often than smaller ones.

What triggers a progressive jackpot?

Each game will have its own unique trigger for the jackpot. In most cases, it’s a combination of symbols or a specific bonus feature.

Are progressive jackpot slots fair?

Yes, all the games offered by reputable online casinos are fair and tested for their fairness.