You could become an overnight millionnaire with this highly popular variation of Slots game!
Ever dreamed of lining up a set of symbols and winning an almost impossibly large sum of money? If your answer is yes, then Progressive Jackpots Slots are perfect for you. Offering multi-million Pound jackpots for even the smallest stakes, there’s little reason not to give it a try!
Progressive Jackpot Slots, as their name would suggest, dispense much larger payouts than other kinds of Slots. These often life-changing jackpots are able to grow so large because they are generated by the players themselves.
Each time a player spins the reels on a Progressive Slots game, a small portion of their bet is added to a pot. This pot is the progressive jackpot; its value can range from £1,000 all the way up to £10,000,000 – and sometimes even more!
When choosing a Progressive Slots game to play, it is important to note that each game is highly unique. They will each have their own rules, paylines/ways, bonuses, and jackpot sizes.
The easiest way to learn how the game works is usually by playing it. Just choose the number of lines you want to bet on, and the size of your bet, and hit the Spin button.
However, if you prefer, you can click on the instructions button (often represented by a small letter ‘i’ in a circle) to see exactly what the win lines, wild symbols, and bonus activators are. This will give you a good idea of how to play the Progressive Jackpot game you’ve chosen before you start.
Just as there are countless varieties of most online casino games, there are several types of Progressive Jackpot Slots. The gameplay isn’t impacted by these, but the size of winnings and payout speed are.
Comparatively, Video Slots are of a lower variance – meaning they dish out more regular payouts – than Progressive Jackpot Slots. Although there are smaller wins to be had, the focus is largely on the jackpot as that is what everyone is really playing for.
The main difference though, is of course the jackpot itself. The maximum win on a standard Video Slots game such as Starburst is completely dwarfed by almost all Progressive Jackpots – the constant contributions of other players to the pot ensure that these are always a bit attraction.
Winning a Progressive Jackpot is undoubtedly an exhilarating experience – hardly surprising as one quick spin of the reels can land you a truly life-changing amount of money. What you may not be aware of though, is that not all Progressive Jackpots are paid out as a single lump sum.
All Microgaming Progressive Jackpots do, but other providers often opt to pay these winnings in annual instalments over a number of years. Not necessarily a bad thing, when you consider that gambling winnings tax in the UK is 0%.
The timeframe for payouts will vary, based on the Progressive Jackpot game you are playing, which online casino you are playing at, and which payment method you have chosen. When claiming a very large win such as those offered by Progressive Jackpots, most players choose to receive their winnings via bank transfer, which can involve waiting a few days for the payment to process.
If the amount you win is extraordinarily high, you may be sent a cheque for the winnings via courier. Representatives from the online casino in question may even request that you pose with a large novelty cheque for their media team – you do have the right to total anonymity if you so choose though.
All Progressive Jackpot games tend to enjoy a certain level of popularity, as the players know that it is ready to pay out at any time. However, the biggest games always tend to increase in popularity when their Progressive Jackpot reaches approximately £6 million. Games are being launched all the time, so if you want to get ahead of the crowd, keep an eye on our new Slots games page for the latest releases!
This is because players are aware that more people will join and try to win the Progressive Jackpot as it increases. And the more people play, the more spins of the reel, and the more chance there are that someone will claim the prize.
Going into specifics, definitely one of the biggest and most popular Progressive Jackpot Slots is Microgaming’s Mega Moolah. You will have noticed it featured in three out of the six biggest Progressive Slots wins mentioned earlier, and that is no coincidence. In this game once the Progressive Jackpot feature starts, you are guaranteed to win one of four jackpot levels. These are named:
Although NetEnt are arguably a more well-known name, Microgaming’s network of Progressive Jackpot Slots is by far the biggest in the industry. Since they began offering these huge prizes, Microgaming Progressive Jackpots have paid out over €800 million to lucky players around the world.
NetEnt, being one of the most well-known and successful casino game developers, naturally have several Progressive Jackpot Slots in the market. But by far the most popular one has to be Mega Fortune. This game has paid out some of the largest Progressive Jackpot prizes in history, some well over the £10,000,000 mark, and is featured twice in our list of big wins above.
Playtech are fellow big hitters along with NetEnt and Microgaming, and have thus far paid out over £200m in Progressive Jackpot prizes. They have over 20 games to choose from, and although none have yet hit the heights of Mega Moolah and Mega Fortune, titles such as Gold Rally and Beach Life still draw great numbers of players on a daily basis.
Realtime Gaming (RTG) are the creators of several highly-rated Progressive Jackpot Slots. Over 100 of their standard Slots games also include ‘random jackpots’ that are available to all players at any time regardless of their stake.
Progressive Jackpots aren't only for those who play Slots online – classic casino game players are also catered for!
Blackjack, Roulette, Caribbean Stud, and various other casino games can all be found with Progressive Jackpot varieties. In these, the player can choose to contribute to the Progressive Jackpot by making side bets, and when certain conditions are met, the jackpot is shared between all contributors. Aside from this, the rules of the game and processes of betting will be exactly as you know and love them.
Yes, it is possible to get and use Progressive Jackpot free spins, on the games that allow it. These do not add any contribution to the Progressive Jackpot itself, but you have as much chance of winning as a normal spin.
Some games allow Progressive Jackpot free spins to trigger the bonus, but no more than this. Always check when claiming your Progressive Jackpot free spins, just to be sure.
The odds are absolutely astronomical, but believe it or not it is actually possible to win a multi-million Pound Progressive Jackpot with only one spin worth as little as 25p. Every spin has the same chance of reeling in the jackpot, whether it’s your first or your 100th.
This was proven by a player from the Isle of Man who cashed in a Progressive Jackpot of over £5,000,000 with his very first spin on the game – incredible luck.
As previously stated, every spin carries the same odds of winning a Progressive Jackpot. And as the jackpot grows bigger and bigger, more and more people begin playing – with more spins there are more chances for people to win, and inevitably someone hits it eventually.
The big multi-million Pound prizes like Mega Moolah are claimed around once every two months – sometimes more, sometimes less.
When someone claims the Progressive Jackpot of a game, the other players of that game are informed and jackpot returns to its ‘base’ or ‘foundation’. This is the lowest level that the Progressive Jackpot reaches, and it immediately starts building back up again as people play – sometimes assisted by extra bonuses provided by the casino.
Meanwhile, the player claims their prize and will sometimes have their win announced in the media by the online casino in question.
In order to make sure that Progressive Jackpots are can’t be fixed to make certain people win, online casinos use Random Number Generators (also known as RNGs). These are computer programmes that use complicated mathematical algorithms to ensure that symbols are selected purely at random.
The myths that the payout becomes more likely depending on which casino you’re playing at, the length of time since the last jackpot was paid out, what time of day it is, and so on, all provably false. You have precisely the same chance to win as every other player does!
Progressive Jackpot Slots are a great way for you to spend a little extra time and money, with the thrill and possibility of winning a life-changing sum of money a highly welcome bonus.
And speaking of bonuses, don’t forget to grab your exclusive CasinoGuide bonus from our list of the best Progressive Jackpot online casinos before you start playing!